CONDITIONAL CONSENT TO PAYCHECK PROTECTION PROGRAM LOANCrown Crafts Inc • April 23rd, 2020 • Broadwoven fabric mills, cotton
Company FiledApril 23rd, 2020 IndustryThis Conditional Consent to Paycheck Protection Program Loan (this “Consent”), dated as of April 19, 2020, is made by and between CROWN CRAFTS, INC., a Delaware corporation (“CCI”); SASSY BABY, INC. f/k/a Hamco, Inc., a Louisiana corporation (“Sassy”); CAROUSEL DESIGNS, LLC, a Delaware limited liability company (“Carousel”); and NOJO BABY & KIDS, INC. f/k/a Crown Crafts Infant Products, Inc., a Delaware corporation (together with CCI, Sassy and Carousel, the “Companies” and each a “Company”); and THE CIT GROUP/COMMERCIAL SERVICES, INC., a New York corporation (“CIT”).