CONDITIONAL CONSENT TO PAYCHECK PROTECTION PROGRAM LOANConditional Consent to Paycheck Protection Program Loan • April 23rd, 2020 • Crown Crafts Inc • Broadwoven fabric mills, cotton
This 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”).
