Key Personnel
The Main Street Lending Program: An Alternative to the PPP
The lender portal for the Federal Reserve’s Main Street Lending Program (MSLP) has opened as the alternative to the Paycheck Protection Program (PPP). Unlike the PPP, the Main Street Lending…
Contact Us for PPP Loan Forgiveness Processing Assistance
Mercadien is ready to assist you in facilitating the CARES Act Paycheck Protection Program (PPP) loan forgiveness processing. The SBA stated that Lenders are expected to perform a good-faith review,…
PPP Loan Alert – SBA & Treasury Issue Guidance on PPP Flexibility & Updated Applications
On June 10, 2020, the Small Business Administration (SBA) and Treasury Department issued an interim final rule to address changes made by the Paycheck Protection Program Flexibility Act (PPPFA). Streamlined…
Changes to PPP – What Should You Know?
On June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020 (PPPFA). The PPPFA provides flexibility to borrowers attempting to maximize the benefits provided…
Government Accounting Standards Board Response to COVID-19 Pandemic
Similar to the private sector, state and local governments have not been immune to the impacts of the Coronavirus (COVID-19) pandemic. Statewide stay at home orders have limited staffing to…
SBA Interim Final Rules on PPP Loan Forgiveness & Borrower/Lender Responsibilities
On May 22, 2020, new interim final rules were released by the Small Business Administration (SBA) providing guidance to borrowers and lenders regarding the SBA’s review process under the Paycheck…
Mercadien’s Ken Kamen Appears on Reuters Business News
Ken Kamen, president of Mercadien Asset Management, is a regular featured commentator on the Reuters Business and Personal Finance program hosted by Fred Katayama. On May 15, 2020, Ken was…
New PPP Guidance from the SBA Regarding Good Faith Need Certification
On May 13, the SBA released new guidance regarding the required good faith certification of need by PPP loan applicants, providing safe harbor to all recipients of less than $2…
The Role of the Board During Crisis
Whether it’s a cyber-attack, an executive’s misconduct or the health and economic crisis resulting from COVID-19, the Board of Directors plays an important role in helping its organization navigate and…
Managing Director Frank Pina Co-Authors Article for Fraud Magazine
Managing Director Frank Pina, CPA, CFF, CFE, CGMA, Co-Chair of Mercadien’s Forensic & Litigation Support Group, authored an article on Drexel University’s Fraud & Internal Control Case Competition with Barbara…