09Oct
SBA Provides Guidance To PPP Loan Borrowers Engaging in M&A Transactions
The Paycheck Protection Program (“PPP”) created under the CARES Act has provided much needed economic relief to businesses and other organizations negatively impacted by the COVID-19 pandemic. However, until recently, PPP borrowers with outstanding PPP loans were unsure about how their loan eligibility and ability to obtain loan forgiveness might be impacted by transactions such as equity interest sales, mergers, reorganizations, redemptions and assets sales....
By:
Murtha Cullina
Source Url: https://www.jdsupra.com/legalnews/sba-provides-guidance-to-ppp-loan-22033/
Related
Multi-million dollar underpayment claims in the Calombaris Group, the Rockpool group and the AU$300 ...
Read More >
The ADA Amendments Act of 2008 substantially expanded the definition of protected disabled persons u...
Read More >
On December 6, 2019, a divided Second Circuit panel concluded that settlement proposals in accepted ...
Read More >
On December 16, 2019, the National Labor Relations Board (NLRB) issued a major decision restoring em...
Read More >
As a follow up to Bilzin Sumberg's Land Development & Government Relation's December 2019 Update reg...
Read More >
The wait is over: This morning the NLRB announced that it will issue its final rule governing joint-...
Read More >