09Oct
SBA Guidance for PPP Loans in M&A
Businesses contemplating a merger, acquisition, or sale of assets have been working with lenders to determine what, if any, consents may be required regarding a Paycheck Protection Program (PPP) Loan. In the absence of U.S. Small Business Administration (SBA) guidance, M&A attorneys have been structuring deals in a variety of ways to maximize their client’s comfort. Finally, on October 2, 2020, the SBA issued guidance to lenders regarding what involvement, if any, by either the SBA or the PPP...
By:
Kaufman & Canoles
Related
As a coastal region confronting the impacts of climate change, South Florida must continue to advanc...
Read More >
The Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law late last...
Read More >
If you’re thinking about lending to a firearms industry member, you need to take special precaution...
Read More >
Uncertainty defined the global M&A market in 2019. Geopolitical and international trade tensions, in...
Read More >
Seyfarth Synopsis: After granting a temporary restraining order days before AB 51 was to go into eff...
Read More >
In this episode of Trekking Through Compliance, we consider the episode A Private Little War which a...
Read More >