What You Need To Know Today About Main Street

Join Squire Patton Boggs, as they will discuss the Paycheck Protection Program (PPP) forgiveness, audit risk and repayment and the Main Street Lending Program.

Payroll Protection Program

Learn about the status of the PPP program and whether companies can still participate and the terms. In particular, they will review the ability of companies owned by foreign parents to borrow under this program. They will also address the risks around audit of this program and the process for claiming loan forgiveness. Finally, they will share the latest developments from Congress about extending the program and making it more usable.

Main Street Lending Program

This Main Street Lending Program is the next stimulus program to assist small and mid-sized companies. It is expected to begin in early June and will make loans between $500,000 to $200,000,000 available to companies through the banking industry. Again, they will address the eligibility requirements and particularly whether companies with foreign affiliates and owners can participate. How these loans interact with existing loans and how companies should address their existing lender relationship, will be a particular focus. Finally, they will cover the financial terms of these loans and expected documentation.

This webinar is hosted in partnership with Squire Patton Boggs’ Houston office and will feature welcome remarks by Office Managing Partner Greg Wehrer.

Meet the Speakers

Tom Reems
Partner
Squire Patton Boggs

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.

Brandon Román
Senior Associate
Squire Patton Boggs

Brandon Román advises a wide array of domestic and international clients, including banks, non-bank financial institutions, financial market utilities, trade associations, and multinational corporations, on a variety of financial services and tax issues.

James A. Schneider
Partner
Squire Patton Boggs

Jim Schneider represents lenders, agents and borrowers, in connection with a variety of commercial and project financings, 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.