Many small businesses have applied for loans under the CARES Act’s Paycheck Protection Program (PPP) and are beginning to receive funding. The PPP is intended to be a federal forgivable loan program, but businesses that receive funds must apply for loan forgiveness if they have followed certain rules regarding use of the funds and satisfied certain tests related to employment and wage levels. This covers:
Speakers
Troy Villa is a partner at Breazeale, Sachse & Wilson, L.L.P. in Louisiana. He has extensive experience in numerous areas of business transactions, financing and advisory services.Troy represents clients in various capacities in tax credit financing and investment transactions involving New Markets Tax Credits and historic rehabilitation tax credits and with projects involving state and local economic incentives and Public-Private Partnerships (“P3”). Troy has represented clients for many years in traditional and non-traditional financing transactions. He also represents business clients and entrepreneurs in a wide variety of business transactions involving the purchase and sale of businesses. He has extensive experience in the structuring and negotiation of terms related to these types of transactions, and the drafting of related contracts and agreements. He has advised clients with respect to both domestic and international transactions.
Eric is a partner in the Baton Rouge office of Breazeale, Sachse & Wilson, L.L.P. His practice focuses on assisting clients with business transactions and corporate advisory services. His principal areas of practice include health care, real estate, banking and finance, mergers and acquisitions, and corporate governance. Eric’s experience includes negotiating, planning, and implementing various business transactions. Eric also advises clients on the sale and purchase of property, the drafting and negotiation of leases, and related real estate matters. Eric is a licensed title insurance agent. In addition to his experience on traditional real estate matters, Eric has experience with respect to the applicability of health care fraud and abuse laws to real estate transactions. Eric has extensive experience representing both borrowers and lenders in connection with financing transactions including, real estate loans, construction loans, healthcare financing, traditional financing, and high-yield credit facilities. Eric advises businesses of all sizes and types on various matters relating to their formation, corporate structure, and governance.