COVID-19 Resources, Guidance & Updates
New Procedures At Opsahl Dawson:
In response to COVID-19, all Opsahl Dawson offices are closed to the public. We are offering flexible work arrangements to our staff and allowing them to work from home if they prefer.
Please be assured that we expect little to no disruption in deliverables or timeliness as a result of these circumstances. Read our memo for more information, including how to submit your tax information and communicate with our team.
Information and Resources for Businesses & Individuals
We Are Here for You
We recognize the upheaval and uncertainty that you may be experiencing because of the Coronavirus crisis. Our team is available and ready to help you and your business navigate these tough times.
Below we’ve provided some links to local and federal resources. We will continue to update this list and provide company updates as they become available, or as adjustments become necessary to comply with public health guidelines.
Please do not hesitate to contact us if you have any questions or concerns.
- Paycheck Protection Program (PPP) – 2.5 months of payroll, loan forgiveness available. Apply thru your bank.
- Economic Injury Disaster Loan (EIDL) – This is a 30 year loan at 3.75%. Up to $10,000 may qualify for a forgivable grant. Apply for loan directly thru SBA website.
- SBA Express Bridge Loan – This is part of the EIDL program, it is a $25,000 advance on the EIDL to be refinanced into the EIDL.
- SBA Debt Relief – SBA will automatically pay the principle and interest for 6 months of any existing SBA 7(a) loan
Disclaimer: The resources above are not intended to constitute legal advice. Consult an advisor directly on all tax and business planning matters.
Covid-19: Maximize Success with the Paycheck Protection Program (PPP) Loans
Certified Public Accountants Aaron, Matt and Marianne from Opsahl Dawson spoke with Oticon to provide important recommendations for recording and tracking your Paycheck Protection Program (PPP) expenses so that you can be well prepared when the time comes to prove expenses to your bank.