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
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