Paycheck Protection Program Under the CARES Act: What It Means for Senior Lender Presentation

Pages from Paycheck Protection Program Loans Under The CARES Act (April 16, 2020)

One of the important outcomes of the CARES Act is the establishment of the Payment Protection Program (PPP). The PPP seeks to help eligible small businesses survive the economic crisis caused by COVID-19 by expanding the existing SBA Section 7(a) loan program. This presentation was done by Alan W. Avery – Partner, Latham & Watkins, LLP, Bridget Marsh – EVP – Deputy General Counsel, LSTA, Moderator, Jane Summers – Partner, Latham & Watkins, LLP, Alfred Xue – Partner, Latham & Watkins, LLP, Haim Zaltzman – Partner, Latham & Watkins, LLP.

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