News & Analysis as of

Portfolio Companies Paycheck Protection Program (PPP)

ArentFox Schiff

SBA Guidance for Expanded Paycheck Protection Program

ArentFox Schiff on

The new guidance includes helpful information about additional ‘eligible costs’ for which PPP funds may be used. On January 6, 2021, the Small Business Administration (SBA) released additional guidance for the Paycheck...more

Eversheds Sutherland (US) LLP

PPP Phase Two – The transition from disbursement to forgiveness

Since the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) was enacted on March 27, 2020 and the Paycheck Protection Program (PPP) launched, the Small Business Administration (SBA) has approved over $511...more

Troutman Pepper

COVID-19 Primer for Private Equity Funds

Troutman Pepper on

In a very short period of time, private equity groups and their portfolio companies have had to deal with an unprecedented amount of change in response to the novel coronavirus (COVID-19) crisis....more

Farella Braun + Martel LLP

Paycheck Protection Program Eligibility for Private Equity and Venture Capital-Backed Entities

Congress’ recently enacted Coronavirus Aid, Relief and Economic Security Act (CARES Act) created a new small business lending program to provide a direct incentive for small businesses to keep their workers on their payroll...more

Williams Mullen

New SBA Affiliation Guidance Provides No Relief to Startups and Portfolio Companies

Williams Mullen on

In our prior alert, we summarized the potential adverse impact of the Small Business Administration’s (SBA) affiliation rules on the eligibility of startups and portfolio companies to participate in the enhanced Economic...more

Williams Mullen

How SBA Affiliation Rules Effect Startups and Portfolio Companies

Williams Mullen on

Under the Coronavirus Aid, Relief, and the Economic Security Act (CARES Act), two loan programs are available to eligible businesses severely impacted by the Coronavirus (COVID-19) emergency: the enhanced Economic Impact...more

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