PRESS RELEASE
29 January 2021

Banking & Finance Biweekly Update: PPP 2.0 Economic Aid Act Reopens And Modifies The Paycheck Protection Program

AP
Arnold & Porter

Contributor

Arnold & Porter is a firm of more than 1,000 lawyers, providing sophisticated litigation and transactional capabilities, renowned regulatory experience and market-leading multidisciplinary practices in the life sciences and financial services industries. Our global reach, experience and deep knowledge allow us to work across geographic, cultural, technological and ideological borders.
Our biweekly updates, which began in May 2020 with a focus on CARES Act Title IV emergency financing facilities and related Federal Reserve Act Section 13(3) ...
United States

Friday, January 29, 2021

12:00–1:00 PM ET

Coronavirus: Financial Services Webinar

Register

Our biweekly updates, which began in May 2020 with a focus on CARES Act Title IV emergency financing facilities and related Federal Reserve Act Section 13(3) programs, continue in the new year notable for a new federal administration. Please join us for these timely sessions as we continue to expand our focus on current developments affecting financial institutions and the forces—legislative, regulatory, economic, and technological—shaping them.

Topics

  • Key features of Economic Aid Act relating to reopened PPP
  • Key aspects of Second Draw Loans, including revenue reduction and employee limits
  • Expansion of eligibility to certain types of businesses or organizations
  • Expansion of allowable uses of PPP loans
  • Single corporate group limits
PRESS RELEASE
29 January 2021

Banking & Finance Biweekly Update: PPP 2.0 Economic Aid Act Reopens And Modifies The Paycheck Protection Program

United States

Contributor

Arnold & Porter is a firm of more than 1,000 lawyers, providing sophisticated litigation and transactional capabilities, renowned regulatory experience and market-leading multidisciplinary practices in the life sciences and financial services industries. Our global reach, experience and deep knowledge allow us to work across geographic, cultural, technological and ideological borders.
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