The PPP loan program is evolving fast with new rules on Second Draw applications, including a 2-week pause on companies with 20 or more employees and new calculations for sole proprietors. In addition, both the lenders and the SBA are reviewing, rejecting, and putting holds on many applications because of API errors, compliance failures, and First Draw Loan issues.
About the Speaker
Paren Knadjian, Practice Leader
Mergers & Acquisitions, Technology
Paren is the practice leader of the M&A and Capital Markets group at KROST. He comes with over 15 years of experience in mergers and acquisitions as well as equity and debt financings. Paren and his team at KROST have assisted over 350 entities in procuring, managing and obtaining forgiveness for more than half a billion dollars of PPP, EIDL, and Main Street loans. » Full Bio