On-Demand Recording: Paycheck Protection Program (“PPP”) Round 2

About this program:

Join our instructors – who together have advised hundreds of clients on their PPP loan and forgiveness applications – to learn more about PPP first- and second-draw loan eligibility requirements, permitted uses of PPP funds, tips for applying for forgiveness, and insight into the SBA’s regulation of the program.

Paycheck Protection Program (“PPP”) Round 2: On December 27, 2020, the federal government made available $284.5 billion in new Paycheck Protection Program (“PPP”) funding for first- and second-draw PPP loans. If used promptly to pay eligible expenses, a PPP loan never has to be repaid. Self-employed individuals, nonprofits, and microbusinesses that have been financially impacted by the COVID-19 pandemic should carefully consider whether they qualify for a first- or second-draw PPP loan. PPP loan applications will be accepted by the SBA through March 31, 2021, or until funds for the program are exhausted.

Instructors:

Kimberly E. Lomot, Senior Counsel, Lowenstein Sandler
Kimberly regularly advises clients on the acquisition, disposition, financing, development, and leasing of commercial real estate. Her practice is national in scope, and she has extensive experience handling transactions in all real estate sectors. She has several years of experience in counseling both borrowers and lenders with respect to government guaranteed loans, including SBA (7a) and 504 loans. Kimberly’s familiarity with diverse types of real estate and the needs of developers, owners, tenants, lenders, and other investors in real property allows her to combine her knowledge of the law with a businesslike approach to getting deals done. For more on Kimberly, click here.

Kathleen A. McGee, Partner, Lowenstein Sandler
Kathleen is a highly accomplished technology and regulatory lawyer and former prosecutor with more than 17 years’ experience in the public sector. Her practice has a dual focus on compliance and investigations.As Bureau Chief of the Bureau of Internet & Technology for the New York State Attorney General’s Office, Kathleen was at the forefront of regulation, enforcement initiatives, and public policy involving privacy, data security, and consumer protection, among other issues. Earlier in her career, she served as Director of the Office of Special Enforcement in the New York City Mayor’s Office, where, as lead counsel, she directed litigation on a number of intellectual property and civil nuisance matters and was a policy leader on issues ranging from data analytics to human trafficking. While with the Mayor’s Office, Kathleen also developed the New Business Acceleration Team to streamline regulations and fast-track new business development. Kathleen started her legal career as an Assistant District Attorney for the Bronx County District Attorney’s Office in New York, where she prosecuted domestic violence, child abuse, and sex crimes. For more on Kathleen, click here.

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