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. Our expert panel took a comprehensive look at the PPP and implications for the loan market, including:
- What are SBA PPP loans – regulatory overview
- Which loan market participants are affected and why: lenders, borrowers and sponsors, especially in the late stage/growth and lower middle market spaces, and also larger facilities in the hospitality, leisure and restaurant sectors
- Loan agreement waivers and amendments – how is the loan market accommodating PPP loans?
- What does PPP tell us we might expect from future stimulus actions?
- Pro bono opportunities
Thursday, April 16, 2020
4PM to 4:50PM (ET)|Webcast Only
Presentation & Replay|Now Available|Scroll Down to View
1 CLE Credit Hour|Available for NYS Transitional and Non-Transitional – Areas of Professional Practice.
- 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