Many private foundations and other grantmaking organizations have shifted operationally since the COVID-19 pandemic started in order to respond to grantees in need. Common responses have included: Remove restrictions and conditions from grantsWaive reporting requirements Open the application process outside of typical grant cycles However, the current situation has [...]

Up next on our Movie Business Podcast Series with hosts Ilan Haimoff, Partner at GHJ, and Jason E. Squire, Professor at USC School of Cinematic Arts and Editor of The Movie Business Book Fourth Edition, is an interview with Film Producer Eric B. Fleischman. Fleischman, producer of 28 micro-budget movies in eight years, was the youngest producer to premiere two featu [...]

On Monday, April 27, the Health Resources and Services Administration (“HRSA”) released guidance on how healthcare providers can be reimbursed for their expenses related to the COVID-related treatment of uninsured individuals. This is based on earlier appropriations from the Families First Coronavirus Response Act and the CARES Act. What is Included Eligible clai [...]

COVID-19 is having a profound effect on the business world. While it is still unclear exactly how lasting and impactful those changes will be, it is certain they will be significant for some industries more than for others. Recent quarantines in many states have forced people to stay home, which has dramatically reshaped the food and beverage sector by surging the dem [...]

The Treasury and SBA announced on April 28 that it intends to do a full review of applicant certifications for funded loans under the Paycheck Protection Program (PPP) in excess of $2 million. How This Will Work The announcement describes that for all loans made in excess of $2 million that such loans will be subject to a full review of the applicant’s certificati [...]

President Trump has today (April 24, 2020) signed the Amendment (passed last evening by Congress), which will provide $484 billion in additional funding to the Paycheck Protection Program (PPP) , the Economic Injury Disaster Loan (EIDL) program and several other new provisions. The Amendment provides the following: The Lender-administered PPP loan will have addition [...]

Recently, Federally Qualified Health Centers (FQHCs) received two sets of supplemental funding released by the Health Resources and Services Administration (HRSA) in response to the COVID-19 pandemic: $1.32 billion in CARES Supplemental Funding (H8D), appropriated through the CARES Act of 2020, and;$100 million in COVID-19 Supplemental Funding (H8C), appropriated thr [...]

This article was originally published in Los Angeles Business Journal The role of a business advisor has been evolving, and now COVID-19 has been a disrupter that shows the need for better and broader solutions to client challenges. A way to get there is diversity of thought, which comes from intentionally bringing varied skill sets, experiences, talents and back [...]

As previously noted in GHJ’s COVID-19 Updates, GHJ expects additional guidance from the Small Business Administration (SBA) to allow applicants to re-assess their initial application in light of questions on PPP eligibility for certain borrowers. Today (April 23) the SBA provided guidance in response to perceived abuses of large companies taking PPP loans when such [...]

GHJ is pleased to announce Partner Steve Sills, Principal Peter Klass and Manager Tracy Liang as authors and contributors in the third edition of Movie Money: Understanding Hollywood's (creative) Accounting Practices. Hollywood and COVID-19 The closure of movie theatres demonstrates the vast impact of the coronavirus outbreak on the film industry. The immedia [...]