Many businesses that participated in the Paycheck Protection Program (“PPP”) may have inadvertently defaulted on some of their pre-existing credit facilities or outstanding loans. As has become standard within these debt...more
7/13/2020
/ Borrowers ,
CARES Act ,
Compliance ,
Contract Terms ,
Coronavirus/COVID-19 ,
Debt ,
Future Debt Restrictions ,
Lenders ,
Loan Forgiveness ,
Loan Provision ,
Paycheck Protection Program (PPP) ,
Prior Express Consent ,
Representations and Warranties ,
SBA