Neil Faden

Manatt, Phelps & Phillips, LLP

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New Guidance for Main Street Lending Program

The Federal Reserve Bank issued new guidance for the Main Street Lending Program (the Program) on May 27, 2020. In addition to an expanded set of Frequently Asked Questions (FAQs), the Federal Reserve posted forms and...more

6/8/2020 / Borrowers , CARES Act , Coronavirus/COVID-19 , Federal Reserve , Foreign Subsidiaries , Main Street Expanded Loan Facility , Main Street Lending Programs , New Guidance , U.S. Treasury

SBA Publishes Loan Forgiveness Application for Paycheck Protection Program

On May 15, 2020, the Small Business Administration (SBA) published a form of the loan forgiveness application for borrowers of Paycheck Protection Program (PPP) loans under the CARES Act. The application provides instructions...more

5/25/2020 / Applications , CARES Act , Coronavirus/COVID-19 , Loan Forgiveness , New Guidance , Paycheck Protection Program (PPP) , SBA , Small Business Loans , U.S. Treasury

[Webinar] Final Regulations Issued for Opportunity Zone Investment: What You Should Know for the New Year - February 6th, 1:00 pm...

On December 19, 2019, after considering hundreds of comments, the U.S. Treasury Department and the Internal Revenue Service issued final opportunity zone (OZ) regulations. The 544 pages of preamble and regulations finalized...more

1/20/2020 / Continuing Legal Education , Investors , IRS , New Regulations , Opportunity Zones , Tax Benefits , Tax Incentives , U.S. Treasury , Webinars

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