Abigail M. Martin is a member of the Firm’s Commercial Real Estate, Corporate, Business & Banking, Healthcare and Mergers & Acquisitions groups. Ms. Martin’s primary practice area is commercial transactions, specifically commercial real estate financing and loan documentation. She also assists clients with mergers & acquisitions; entity selection, formation and organization; lease drafting & negotiation; and general contract drafting and review. In her healthcare practice, Ms. Martin counsels clients in various business and real estate transactions, including vendor contract drafting and review, acquisitions and sales, and leasing.
Updated May 18, 2020 What is “loan forgiveness”? The main benefit of the Paycheck Protection Program (PPP) is that if the proceeds from the loan are properly spent within the eight week “Covered Period”—which begins, at the election of the applicant, on the day the PPP proceeds are deposited into the applicant’s bank account or […]
(Updated May 14, 2020) On May 13, 2020, the Treasury Department updated its Frequently Asked Question list to provide guidance regarding the much talked about “good-faith certification” that each borrower must make on its Paycheck Protection Program (PPP) application. Specifically, in order to obtain PPP funds, the borrower must certify that “Current economic uncertainty makes […]
Today, April 24, 2020, President Trump signed into law an amendment to the CARES Act relating to additional funding for the Paycheck Protection Program (PPP), Emergency Economic Injury Disaster (EIDL) grants, and other disaster loans. Specifically, the amendment provides for an extra $310B in funding for PPP and $10B for EIDL grants. Additionally, $50B in […]
Later this week and possibly as soon as Thursday, April 23, 2020, it is anticipated that Congress will approve an additional $310B in Paycheck Protection Program (PPP) funding and allocate an additional $10B for Emergency Injury Disaster Loans (EIDL) after the initial round of funding for both programs quickly dissolved. As with the first wave […]
(Updated April 10, 2020) On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) was signed into law by President Trump. Although the CARES Act was drafted to predominantly assist small businesses, specific industries, and health care professionals; several of the CARES Act provisions were tax related. Our team of […]