Pearson Quoted Extensively on SBA Loan Program Under the CARES Act

Manatt Financial Services partner Scott Pearson spoke with various publications including The Wall Street Journal, Reuters, Barron’s, CQ Roll Call and Law360 about the creation of the Small Business Administration’s (SBA) loan program, which is meant to help prevent small businesses from laying off employees due to the COVID-19 pandemic. In particular, he noted the importance of developing standardized loan terms and documents. “Banks are conservative institutions and they don’t want to guess what a loan should look like to be eligible for loan forgiveness,” Pearson told CQ Roll Call.

Pearson’s comments were also included in The New York Times and Yahoo! Finance, among other publications.
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