PPP Loan Agreement definition

PPP Loan Agreement means that certain unsecured loan agreement provided pursuant to the Paycheck Protection Program and dated as of April 14, 2020, by and among Rubio’s, as borrower, and Sunwest Bank, as lender, as may be amended, restated, amended and restated, supplemented or otherwise modified from time to time, in the amount of $10 million.
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PPP Loan Agreement means that certain Note, dated as of April 9, 2020, executed by the Company in favor of the PPP Lender.
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PPP Loan Agreement means that certain Note – Paycheck Protection Program, dated as of April 22, 2020, between the Company and Newtek Small Business Finance, LLC, as amended, restated, supplemented or otherwise modified in accordance with Section 6.01(p).
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Examples of PPP Loan Agreement in a sentence

  • The Debtors have used the proceeds of the loans issued under the PPP Loan Agreement to pay “forgivable expenses” as that term is defined under the Paycheck Protection Program and CARES Act.

  • In May 2021, the PPP loan was forgiven pursuant to the terms and conditions of the PPP Loan Agreement and the provision of the Cares Act.

  • However, under the CARES Act and the PPP Loan Agreement, all payments of both principal and interest will be deferred until at least December 4, 2020.

  • During the fourth quarter of fiscal 2020, the Company received the proceeds of promissory notes dated between April 17, 2020 and May 7, 2020 (the "PPP Loan Agreement"), entered into between the Company and HSBC Bank USA N.A., as lender (the "Lender).

  • Pursuant to the PPP Loan Agreement, the Lender made loans to the Company with an aggregate principal amount of $3,904,000 (the "PPP Loan").

  • The PPP Loan Agreement contains the following clauses and representations: a.

  • Interest was accrued in accordance with the interest method.In May 2021, the PPP loan was forgiven pursuant to the terms and conditions of the PPP Loan Agreement and the provision of the Cares Act.

  • Chapter four encompasses the results of the research carried out and the findings regarding the clinical use of otoacoustic emission testing for the early identification of NIHL are discussed in detail.

  • As of the Petition Date, $6.8 million principal amount remains outstanding under the PPP Loan Agreement.

  • Ineligible for amount of loan received or utilizes PPP loan funds for unauthorized usesIf ineligible for PPP forgiveness (in full or in part) If SBA approves only partial forgiveness or withholds the EIDL advance, you will be required to begin making payments to the Bank in accordance with the terms outlined in your PPP Loan Agreement.


More Definitions of PPP Loan Agreement

PPP Loan Agreement means that certain Loan Agreement dated April 17, 2020 by and between Breadroll LLC and Santander, made in accordance with the PPP and CARES Act.
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PPP Loan Agreement means that certain Loan Agreement, dated as of March 2, 2021, by and between the Company, as borrower, and the PPP Lender, as lender, as amended, restated, supplemented or otherwise modified from time to time, and any other agreements or documents entered into by any member of the Company in connection therewith or otherwise evidencing or governing the terms of the PPP Loan.
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PPP Loan Agreement means that certain Note, dated 4/27/2020 by the Company in favor of Harvest Small Business Finance, LLC (the “PPP Lender”).
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PPP Loan Agreement means the documents signed by the Company related to the PPP Loan which is evidenced by the note dated April 21, 2020 issued by the Company to the PPP Lender.
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PPP Loan Agreement means the Company’s Promissory Note and Agreement issued to Xxxxx Fargo Bank, N.A., and dated on or about March 31, 2021, under the SBA Paycheck Protection Program.
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Related to PPP Loan Agreement

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • Original Loan Agreement has the meaning set forth in the Recitals to this Agreement.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Agreement, dated as of the Closing Date, by and among Revolving Agent, the Credit Parties party thereto, the lenders from time to time party thereto, as amended, restated, supplemented and/or modified to the extent permitted by the terms of the Intercreditor Agreement. ​

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Loan Agreements means any other loan agreements entered into by and between the Trust and one or more of the Borrowers pursuant to which the Trust will make Loans to such Borrowers from moneys on deposit in the Project Fund, excluding the Project Loan Account, financed with the proceeds of the Trust Bonds.

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Credit Agreement has the meaning assigned to such term in the preliminary statement of this Agreement.

  • Original Loan Documents means the "Loan Documents" as defined in the Original Credit Agreement.

  • Financing Agreement means any lease purchase agreement, installment sale agreement, loan agreement, line of credit or other agreement of the department or, with the approval of the director, and any agency, to finance the improvement, use or acquisition of real or personal property that is or will be owned or operated by one or more agencies of the State, the department or any agency, or to refinance previously executed financing agreements including certificates of participation relating thereto. The School shall not act as a guarantor of any such financing agreement.

  • Agency loan agreement means any agreement pursuant to

  • Term Credit Agreement means the Term Credit Agreement and any other agreement extending the maturity of, consolidating, restructuring, refunding, replacing or refinancing all or any portion of the Term Obligations, whether by the same or any other agent, lender or group of lenders and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.