On June 5, 2020, the Paycheck Protection Program Flexibility Act of 2020 (PPPFA) was signed into law to provide relief to borrowers under the Paycheck Protection Program (PPP). The PPPFA amends the original Coronavirus Aid,...more
On May 15, 2020, the Small Business Administration (the “SBA”) issued the form of application (the “Application”)... that borrowers will be required to submit when seeking loan forgiveness under the Paycheck Protection...more
On April 9, 2020, the Board of Governors of the Federal Reserve System (the “Federal Reserve”) released term sheets outlining the Main Street Lending Program under the Coronavirus Economic Stabilization Act (the “CARES Act”):...more