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Kevin Gibson

Additional SBA Guidance Released for PPP Loans Image

Additional SBA Guidance Released for PPP Loans

Below we’ve summarized potential implications of the latest SBA updates to the Paycheck Protection Program (“PPP”) Loans. “Safe Harbor” for Returning PPP Loan Funds Extended to May 18 The application for a PPP Loan required the applicant to certify that “current economic uncertainty makes this loan request necessary to support…

Paycheck Protection Program (PPP) Resources Image

Paycheck Protection Program (PPP) Resources

While it’s critical to stay informed during this challenging time, businesses and employees alike are being inundated with information and resources regarding the COVID-19 pandemic, including the host of new laws that have been passed. We’ve provided this resource page to help you quickly access the most timely updates. To…

New SBA Guidance on PPP Necessity Certification and Forgiveness Image

New SBA Guidance on PPP Necessity Certification and Forgiveness

Below we’ve summarized recently released information related to the Paycheck Protection Program Loan (“PPP Loan”) program. New Guidance With Regard to the Certification of “Necessity” of PPP Loan. The application for a PPP Loan required the applicant to certify that “current economic uncertainty makes this loan request necessary to support…

New Information on Paycheck Protection Program (PPP) Loans Image

New Information on Paycheck Protection Program (PPP) Loans

Below we’ve summarized recently released information related to the Paycheck Protection Program (PPP) Loans. $20 million Cap on PPP Loan Funds Available to “Corporate Groups” Businesses that are part of a “single corporate group” may receive only up to $20 million of PPP Loan funds in the aggregate. This limitation…

First Round of PPP Loan Funds Allocated: What it Means for Businesses Image

First Round of PPP Loan Funds Allocated: What it Means for Businesses

The SBA indicated yesterday that all Congressionally appropriated funds for the Paycheck Protection Program loans (“PPP Loans”) have now been allocated. What does this mean for me? Even if you have not yet received your funding, you might still have your place in line for this first round of PPP…

Startup Success: What You Need to Know to Start Your Business Image

Startup Success: What You Need to Know to Start Your Business

You’re ambitious, hardworking, you’ve got a brilliant idea and you’re ready to start your business. But what do you really need to know to achieve startup success and to protect your business down the road? Statistics around startups can be intimidating: 50 percent of new businesses fail within five years…

KO Client Havenly Raises $32 Million Series C Image

KO Client Havenly Raises $32 Million Series C

Does your home or office need an interior design update? KO client Havenly can help. The online interior design consultancy Havenly recently raised $32 million in Series C funding to create its own private-label brand.  KO partner Kevin Gibson, attorney Melissa Mellen and corporate paralegal Krystal Rushton represented Havenly in the financing. Investors included Foundry…

KO Client Onward Raises $1.5 Million in Seed Funding  Image

KO Client Onward Raises $1.5 Million in Seed Funding 

KO client Onward, which offers round-trip, door-to-door rides for older adults who need assistance, has raised $1.5 million in seed funding from Royal Street Ventures, Matchstick Ventures and JPK Capital. KO partner Kevin Gibson and attorney Elizabeth Ho represented Onward in the financing. Read more in TechCrunch.