18Aug
M&A Considerations for Buyers of Targets with PPP Loans
While the Paycheck Protection Program (PPP), created under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, has provided much-needed relief to small businesses in response to the COVID-19 pandemic in recent months, a buyer contemplating acquiring a target that has received a PPP loan should take time to carefully consider how the target’s PPP loan will affect the transaction in its due diligence, contract negotiation and post-closing stages. Buyers that have claimed or are...
By:
BakerHostetler
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