On April 2, 2020, the Small Business Administration (“SBA”) released preliminary regulations (the “Interim Final Rule”) that provide additional detail about the implementation of the Paycheck Protection Program (“PPP”), the small business loan program established pursuant to the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act signed by President Trump on March 27, 2020.
Read the full article here.
Additional Questions? Contact a member of the Haynes and Boone Finance or Corporate Practice Groups at Haynes and Boone, including the following individuals:
Haynes and Boone
Paul Amiel (Partner, Finance): Paul.Amiel@haynesboone.com
Jim Markus (Partner, Finance): James.Markus@haynesboone.com
Alex Grishman (Partner, Finance): Alexander.Grishman@haynesboone.com
Brent Beckert (Associate, Corporate Law): Brent.Beckert@haynesboone.com
See also: Bridging the Gap - An Overview of SBA Loans under the Paycheck Protection Program - 03/27/2020