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Revised PPP Loan Forgiveness Applications - Two for the Price of One

USA - June 18 2020 On June 16, 2020, the SBA released a revised form of Loan Forgiveness Application, which incorporates the changes provided in the PPP Flexibility Act…

Joshua E. French, Kate Henry, Shannon S. Zollo

Congress Approves Significant Changes to PPP: What Borrowers Need to Know

USA - June 4 2020 On May 28, the House of Representatives passed legislation that amends certain provisions of the Paycheck Protection Program (PPP) largely in an…

Joshua E. French, Meghan E. Kelly, Shannon S. Zollo

Practical Guidance for Borrowers and Lenders: CARES Act Main Street Lending Program

USA - May 7 2020 The Main Street Lending Program (the “MSLP”) is designed to provide capital to small- and medium-sized businesses that were in sound financial…

Thomas J. Curry, Matthew P. Doring, Joshua E. French, Joshua A. Gray, Meghan E. Kelly