News by MHCS
Paycheck Protection Program Flexibility Act Update
Jun 04, 2020
On June 3, 2020, the Senate passed the Paycheck Protection Program Flexibility Act (The Act) providing additional relief and guidance surrounding the Paycheck Protection Program. The Bill now goes to ...
Learn MoreWho Moved My Cheese?
May 28, 2020
As I write this, we are in the midst of the COVID-19 pandemic. There are many things going through my mind. How will businesses survive? Do I need to change my processes? What will the next 6 months b...
Learn MoreRecent COVID-19 Updates
May 21, 2020
There have been several COVID-19 related updates recently that we want to pass along. Paycheck Protection ProgramOn May 13th, the SBA again updated its FAQs related to PPP loans which can be found he...
Learn MoreStatus Update for MHCS Offices
May 20, 2020
We wanted to provide an update on our office status as the state lifts restrictions on most businesses. Currently, our offices in West Des Moines and Winterset remain closed to the public until furthe...
Learn MoreRecent Developments Regarding the Paycheck Protection Program (PPP)
May 04, 2020
There have been two recent developments regarding the Paycheck Protection Program (PPP) that may impact your company and its view of obtaining a PPP loan. First, on April 30, the IRS issued notice 2...
Learn MoreAdditional Lending for Small Business Relief Programs
Apr 27, 2020
On April 24, 2020, President Trump signed the Paycheck Protection Program and Health Care Enhancement Act providing additional lending authority for certain Small Business Association (SBA) programs. ...
Learn MorePayroll Protection Loans & Business Relief Reminders
Apr 21, 2020
Late last week, the funding for the payroll protection program (PPP) loans under the CARES Act was exhausted. Congress is negotiating adding additional funds to the program and is targeting to have th...
Learn MoreWhat You Need to Know About the Government Stimulus Payments
Apr 17, 2020
You may have heard recently that the Economic Impact Payments are starting to be paid. Here is what you need to know. The payments are generally for all US residents with adjusted gross income up to ...
Learn MoreSpring Cleaning Your Financial Documents
Apr 16, 2020
It’s difficult to know how long to keep documents and when it’s safe to get rid of them. Some things you’ll need to hold on to for your whole life and others just a few months. You probably already kn...
Learn MoreCOVID-19 Relief Updates
Apr 01, 2020
We wanted to reach out and update you on various matters related to COVID-19 relief. Note that some of these are time sensitive. Paycheck Protection Program (“PPP”) loan applications may be submitted...
Learn More