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Paycheck Protection Program Loans- How is the Average Monthly Payroll Calculated?

The rollout of the Paycheck Protection Loan program has been anything but smooth as the hastily written statute had provisions that did not make sense and the implementing regulations that were drafted just as quickly, sometimes led to more questions than answers.  The banks that have opened their online portals to accept applications have each Read More

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Paycheck Protection Plan Loan Updates

On April 2 the Small Business Administration issued interim rules to implement the Paycheck Protection Loan provisions of the CARES Act. The Rules: increased the interest rate on the loans to 1% (from 0.5%) – the repayment period for any portion of the loan that is not forgiven remains at 2 years); clarify that household Read More

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Caulkins & Bruce, PC Welcomes Susan J. King

Caulkins & Bruce, PC is pleased to announce that effective July 1, 2013, Susan J. King joined the firm. We are excited to welcome Susan and know that she will enhance the firm’s ability to provide a wide range of legal services to our business clients. Susan’s practice complements our existing business litigation and business Read More

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Representative Matters
  • "Obtained a judgment for condominium association in excess of $1 million against developer of condominium in Fairfax County."

  • "Defended an officer of a government contractor in a case involving enforcement of a non-competition agreement."

  • "Defended and achieved favorable settlement of wrongful termination and discrimination claims brought in United States District Court for the Eastern District of Virginia."

  • "Served as outside counsel to several franchisors, prepared franchise agreements, franchise disclosure documents and state franchise registrations, and counseled franchisors regarding franchise compliance issues."

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