X
07Oct

SBA Notice Paves the Way for Change of Ownership Transactions by PPP Borrowers

Arent Fox | | Return|
For several weeks, parties to pending merger and sale transactions involving Paycheck Protection Program (PPP) loans have been asking what will happen to PPP loan forgiveness applications if a borrower sells its business prior to receiving confirmation of forgiveness; a process that has barely started for most borrowers and that can last up to 150 days....
By: Arent Fox
Source Url: https://www.jdsupra.com/legalnews/sba-notice-paves-the-way-for-change-of-84391/

Related

Back to Business: Land Use Matters & Public Hearings in Virginia

While the impact of the COVID-19 pandemic on the real estate development industry remains unclear, s...

Read More >

Workplace Safety In the Gig Economy: Is Anyone Actually Paying Attention?

The gig economy has created a seismic shift to the traditional workplace model. With new (and oftent...

Read More >

Options For Limitations On Rehire In Settlement Agreements Given AB 749

One of the new bills recently passed (AB 749) prohibits standard “No Rehire” provisions in settlem...

Read More >

A Case For Confidentiality: Why Recent Arguments Against Arbitration Anonymity May Be Misguided

The assault on arbitration is old news. Recently, however, courts and commentators alike have seemed...

Read More >

UPDATE: New York Student-Athlete Name, Image, And Likeness Bill Amended (Again)

New York State Senator Kevin S. Parker recently introduced his bill, the New York Collegiate Athleti...

Read More >

MSHA Issues Program Policy Letter on Refuge Chambers for Public Comment

At the end of July, the Mine Safety and Health Administration (“MSHA”) announced the issuance of a...

Read More >