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InterConnect Newsletter - Fall 2020

One effect of the COVID-19 pandemic is the renewed need for transportation providers to consider strengthening operating platforms by expanding into new markets, integrating new offerings or adjacent services, or growing the...more

Mergers and Acquisitions in the Transportation Sector

One effect of the COVID-19 pandemic is the renewed need for transportation providers to consider strengthening operating platforms by expanding into new markets, integrating new offerings or adjacent services, or growing the...more

The Paycheck Protection Program Loan Forgiveness Application

On May 15 2020,  the SBA released the The Paycheck Protection Program Loan Forgiveness Application. We address some of the highlights of the application below...more

Major Updates to Main Street Lending Program

On April 30, 2020, the Federal Reserve announced changes to the Main Street Lending Program in response to public comment. The program supports small and mid-sized businesses through the COVID-19 pandemic by creating a...more

What You Need to Know About the Main Street Lending Program

The Main Street Lending Program is being implemented by the Federal Reserve using two different credit facilities, the Main Street New Loan Facility (the “New Facility”) and the Main Street Expanded Loan Facility (the...more

Paycheck Protection Loans Frequently Asked Questions (FAQs)

The Small Business Administration (SBA), in consultation with the Department of the Treasury, intends to provide timely additional guidance to address borrower and lender questions concerning the implementation of the...more

Forgivable Small Business Loans Related to the CARES Act

The CARES Act authorizes the Small Business Administration (“SBA”) to fully guarantee an additional $349 Billion in Section 7(a) loans to small businesses affected by COVID-19. ...more

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