The Coronavirus Response and Relief Supplemental Appropriations Act introduces a number of economic relief provisions, the largest of which being a new funding opportunity for the Paycheck Protection Program (PPP)….
Paycheck Protection Program, Round Two: What We Know and What We Don’t
On December 27, 2020, President Trump signed the $900 billion Coronavirus Response and Relief Supplemental Appropriations Act into law. The largest expenditure in the Act is nearly $330 billion in…
Coronavirus Relief Package: What We Know So Far
On December 20, 2020, Senate leadership announced a bipartisan deal on an approximately $900 billion economic relief package. The deal is part of the federal government spending bill (known as…
RKL Video Update: New Necessity Questionnaire for PPP Loans above $2 Million
The Small Business Administration (SBA) recently issued two versions of a new questionnaire (one for for-profit borrowers and one for nonprofit borrowers) to gauge necessity as part of its review…
Consider an Earnout to Get a Transaction Done
Rarely do buyers and sellers in an M&A transaction see eye-to-eye on everything. This truth is most apparent in the price negotiation and what is commonly referred to as a…
