Franklin Barbosa, Jr.

Franklin Barbosa, Jr.

McCarter & English, LLP

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Chapter 11 Debtors With Confirmed Plans Are Now Eligible For PPP Loans

The Small Business Administration (SBA) published new guidance declaring Chapter 11 debtors with confirmed plans as eligible for Paycheck Protection Program (PPP) loans. The new guidance creates an exception to the SBA’s...more

4/30/2021  /  Bankruptcy Court , CARES Act , Chapter 11 , Consolidated Appropriations Act (CAA) , Coronavirus/COVID-19 , Debtors , Exclusions , Paycheck Protection Program (PPP) , SBA
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