09Oct
SBA Issues Much-Anticipated Guidance Regarding Changes of Ownership in PPP Loans
Unforgiven Paycheck Protection Program (PPP) loans have created a great deal of consternation for PPP borrowers looking to engage in merger and acquisition (M&A) transactions, as well as other asset sale, equity and restructuring transactions that could trigger a "change in ownership" (including employee stock ownership plans (ESOPs), estate planning transfers and similar transactions in…...
By:
Holland & Knight LLP
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