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FAQ 46 & 47: Crime & Punishment (or the Lack of Either) for PPP Loans Large and Small

With one day to spare before the May 14 “Limited Safe Harbor” expires, the SBA released FAQ #46 (May 13) to explain the process of how the SBA will review Paycheck Protection Program (PPP) loans. The new FAQ, unfortunately,...more

SBA Section 7(a) Loans for Venture Capital Backed Growth Companies/Startups Under the CARES Act

Background: On March 27, 2020, the U.S. House of Representatives passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act (the CARES Act), which the President subsequently signed it into law. The CARES Act...more

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