09Oct
M&A Transactions Involving PPP Loans: Important Guidance From The SBA
On October 2, 2020, the Small Business Administration (SBA) issued Procedural Notice No. 5000-20057 addressing procedures applicable to a “change of ownership” of a borrower who has received a loan under the Paycheck Protection Program (PPP). This procedural notice sets forth important guidance as to whether or not the SBA’s prior approval is required in connection with a change of ownership......
By:
SmithAmundsen LLC
Related
Scotch Jedi: American Whiskey Isn’t Going Down Smooth - Global whiskey association suit is inspired...
Read More >
The coronavirus pandemic has created novel burdens for contractors throughout the world. Project sto...
Read More >
US parties should consider international arbitration, rather than standard NDA dispute resolution pr...
Read More >
COBRA notices may not be something employers spend a lot of time reviewing or worrying about. Howeve...
Read More >
On August 12, Baker Donelson’s Clinton Sanko sat down with Hal Brooks, CEO of HaystackID, and Andre...
Read More >
On May 21, 2020, the U.S. Securities and Exchange Commission (the “SEC”) announced adoption of upd...
Read More >