AACC/BABC Joint Webinar: PPP and Main Street Lending
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What you need to know today about the Payroll Protection Program and the Main Street Lending Program
Join us for this joint webinar with our friends at the BABC
The Paycheck Protection Program resumed accepting applications July 6, 2020 in response to President signing the program's extension legislation. The new deadline to apply for a Paycheck Protection Program loan is August 8, 2020. Learn about this key program TODAY with Squire Patton Boggs.
Our guest speakers will help break down the latest information about the PPP and Main Street Lending Programs in order for business owners to make informed decisions and gain a better understanding about the loan process.
Topics covered will include:
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Payroll Protection Program:
- Foreign parent owned companies
- Risks around audit of the PPP program
- Process for claiming loan forgiveness
- Latest developments from Congress
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Main Street Lending Program:
- Outline of this stimulus program to assist small and mid-sized companies.
- Loan process and limits
- Eligibility requirements - can companies with foreign affiliates and owners can participate?
- Interaction with existing loans, and how companies should address their existing lender relationship
- Financial terms of these loans and expected documentation
Our Speakers
Tom Reems
Tom Reems is a corporate lawyer assisting companies, investors and lenders with a variety of transactions. His work involves mergers, acquisitions, private equity, project financing, infrastructure, leveraged buyouts and debt financing. He also represents insurance companies providing representation and warranties insurance coverage and institutional investors in direct investments and co-investments and advises them on cross-border structuring, compliance and regulatory issues.
Jim Schneider
Jim Schneider represents lenders, agents and borrowers, in connection with a variety of commercial and project financing's, advising banks, sponsors, public companies and private companies in domestic and cross-border transactions across a broad range of industries, with a focus on renewable energy.
Introductions by: Greg Wehrer
Greg Wehrer is a trial lawyer with more than 20 years of experience representing clients in complex commercial disputes. He also is the managing partner of the firm’s Houston office.
Dial in details will be sent to all attendees prior to the event.