09Oct
SBA Change in Ownership Approval Guidance
SBA Releases Guidance Addressing Corporate Mergers and Acquisitions in the Context of Paycheck Protection Program Loans - Many clients have been asking about the impact of a Paycheck Protection Program (PPP) Loan and the right to forgiveness in connection with a change of control, asset sale or equity transaction. We have been asking the Small Business Administration (SBA) to publish guidance since July 2020......
By:
King & Spalding
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