Posts by Author Aprio
SBA Revises the Paycheck Protection Program Loan Forgiveness Application
On June 16, 2020, the U.S. Small Business Administration (SBA) released the updated Paycheck Protection Program (PPP) Loan Forgiveness Application which supersedes the application previously released on May 15, 2020. The new application incorporates changes to the PPP per the Paycheck Protection Program Flexibility Act (H. R. 7010), which was signed into law on June…
Read MoreSBA Releases Revisions to First Interim Final Rule in Response to the Paycheck Protection Program Flexibility Act
On June 10, 2020, the U.S. Small Business Administration (SBA) released Paycheck Protection Program (PPP) – Revisions to First Interim Final Rule. These revisions were released as a response to the enactment of the Paycheck Protection Program Flexibility Act (H.R. 7010), signed into law on June 5, 2020. H.R. 7010 included several significant changes to the PPP…
Read MoreCongress Passes the Paycheck Protection Program Flexibility Act of 2020
On June 3, 2020, the U.S. Senate passed the Paycheck Protection Program Flexibility Act (H. R. 7010) which was previously approved by the House of Representatives on May 28, 2020. H. R. 7010 was written to focus exclusively on the Paycheck Protection Program (PPP) as a response to concerns raised by PPP loan borrowers. There are several significant changes to the PPP from H. R. 7010 which are…
Read MoreCOVID-19 Puts the Squeeze on Transaction Multiples and Deal Volume
The Wall Street Journal ran a story on March 31, 2020, “Coronavirus Throws Deal Making Into Disarray” with the punch line that deal volume has started to dry up. As weekly deal volume, even in good times, can be volatile, we wanted to look at how U.S. deal volume and multiples held up in some…
Read MoreWebinar: COVID-19 Market Impact on Commercial Real Estate Lease Restructuring
Watch the webinar now as our expert panel of landlord and tenant advisors discuss market observations and considerations in restructuring commercial real estate leases during the pandemic. If you are a landlord or tenant considering rent relief, payment alternatives, tenant improvement allowances, lease extensions or even lease termination, the current economic environment will impact both…
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