We are ready to support you with COVID-19 related challenges and business opportunities!
There's a lot Marashlian & Donahue, PLLC<http://www.commlawgroup.com/> can do to help your small business (those with under 500 employees). We are currently developing new resources to support you, so please contact us to ensure you receive valuable information on new developments. What can your small business do right now? 1. Did you miss the opportunity to secure Federal Communications Commission (FCC) authority to use the lower 45 megahertz of spectrum in the 5.9 GHz band to meet increased demands for bandwidth? Don't delay. Obtain Special Temporary Authority with a "Me Too" application now! ($500 flat fee + $70 application fee apply) The FCC's Wireless Telecommunications Bureau today granted temporary spectrum access to 33 wireless Internet service providers serving 330 counties in 29 states to help them serve rural communities facing an increase in broadband needs during the COVID-19 pandemic. The Special Temporary Authority (STA) allows these companies to use the lower 45 megahertz of spectrum in the 5.9 GHz band for 60 days. Even if your company was not among the 33 WISPs included in the initial request filed with the FCC, the opportunity to secure an STA from the FCC remains open and available through a "Me Too" STA application that piggybacks on last week's success. Contact Ron Quirk at [email protected]<mailto:[email protected]> or Drew Clark at [email protected]<mailto:[email protected]> who are standing by to assist existing and new clients get their "Me Too" STA applications drafted and filed. 1. Qualified small businesses may immediately apply for an Economic Injury Disaster Loan through the Small Business Administration (SBA) and receive $10,000 within three (3) days of approval. In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. The SBA's Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid. SBA is currently collecting the requested information in order to make a loan under SBA's Economic Injury Disaster Loan Program to the qualified entities listed in this application that are impacted by the Coronavirus. The information will be used in determining whether the applicant is eligible for an economic injury loan. The estimated time for completing the application is two hours and ten minutes. What can your small business do after applying for the $10,000 SBA loan advance? The over 2,000 SBA approved lenders and intermediaries are actively digesting and taking measures to implement their responsibilities under the Coronavirus Aid, Relief, and Economic Securty Act (CARES Act) and will be processing loan applications in the near future. On March 27, 2020, the President signed the CARES Act into law. The 2.2 trillion stimulus measure is the largest federal response in history aimed at providing much-needed relief to the American people and businesses in response to the coronavirus (COVID-19) outbreak. The measure provides direct financial help to Americans; immediate assistance for hospitals, healthcare first responders, and patients; support for small businesses; and assistance for distressed industries. The size and scope of the package make it the largest federal response in the history of the United States. It is targeted at providing immediate medical assistance to our first responders and patients on the front lines, monetary assistance to the middle class and those who have lost their job, relief to small and large businesses that have been forced to shut down, and direct aid to states and municipalities to continue providing essential services. This sweeping measure is not likely to be the last action that the executive and legislative branches will undertake to defeat the virus and its punishing impact on the health and economic well-being of the nation. Over the coming days and weeks, the Senate and House of Representatives will be working remotely on more measures to assist the American people who have been subject to personal and economic harm through no fault of their own. How can we help our small business clients? Marashlian & Donahue, PLLC has dedicated staff standing by to serve as your small business' COVID-19 response coordinator. Serving as your company's representative, we can help alleviate some of the burdens and expedite the process of securing SBA funding through a participating lender/banking institution. Whatever we can do to help your small business weather this storm, we are here to make your life easier and less painful. If you require support, contact us immediately in response to this Advisory by sending an email to: [email protected]<mailto:[email protected]>. WE ARE ALL IN THIS TOGETHER! MARASHLIAN & DONAHUE, PLLC ANNOUNCES "SHARED SACRIFICES" AND SPECIAL OFFERS TO CLIENTS We recognize that everyone is now operating in unchartered territory, which can be frightening (all sorts of fears, from concerns about our own health and that of our loved ones to economic fears that come with the uncertainty about the economy). In that vein, Marashlian & Donahue, PLLC, is letting it clients and contacts in the industry know that we not only stand beside you and are here to support you during these difficult times, we are "All In" when it comes to shared sacrifice. We must all make sacrifices over the coming months to ensure everyone is able to weather the storm and emerge better and stronger when the cloudy skies clear. As no doubt you are experiencing, demand in the communications solutions your company offers is increasing as businesses and consumers across the U.S. (and the globe) turn to the Broadband and Cloud Communications industries to help with remote work, telemedicine, collaboration/conferencing and more. But taking advantage of the opportunities can prove difficult when your focus is distracted thinking about all the other aspects of your business and personal well-being. That's why Marashlian & Donahue, PLLC is letting it be known that our firm is here to help wherever we can be of assistance. Whether it's helping to navigate the complexities of the CARES Act, work to secure funding, negotiate a contract to land a deal or partner with other solution vendors whose offerings will bolster your market position, dealing with compliance burdens and getting some of the tedious paperwork off your desk, or addressing other areas of need that will allow you to focus your energy on the day-to-day operations or which have been ignored (but can now be addressed because of our shared sacrifices). To demonstrate that our firm is willing to put our own skin in the game, we're doing two things I believe will help our clients and connections not only weather the storm, but emerge in a few months in a better place than when they entered the maelstrom. * First, effectively immediately, we are discounting our already low $250 per hour rate by 10% for work conducted over the next three (3) months (ending June 30, 2020). We remain hopeful that the worst part of the current economic calamity will be over by then. * Second, effective April 1, 2020, we are offering to suspend billing for a three (3) month period, thus allowing the businesses we serve the time they need to recover, ramp up, and take advantage of the growth opportunities that should be plentiful (but recognizing that even though the opportunities may exist, many of the business customers that need your solutions may, themselves, require additional time to pay their bills). We recognize there are other, more pressing issues you must contend with these days. But wanted you to know we are here to help and support you. We're NOT running OUR business "as usual" while our clients and industry connections are not business as usual, themselves. So if a need or a thought arises, and you think you could use a little support from us, we hope our offering of shared sacrifices eases the opening of a conversation with our firm. If you require support, contact us immediately in response to this Advisory by sending an email to: [email protected]<mailto:[email protected]>. Marashlian & Donahue, PLLC will continue to advise clients on the proposals moving through Congress and the government departments and agencies tasked with implementing the law. [cid:[email protected]] ATTORNEY ADVERTISING DISCLAIMER: This information may be considered advertising in some jurisdictions under the applicable law and ethical rules. The determination of the need for legal services and the choice of a lawyer are extremely important decisions and should not be based solely upon advertisements or self-proclaimed expertise. No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers. Disclaimer The information contained in this communication from the sender is confidential. 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