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
On June 18, 2019, in a decision authored by Chief Justice Leo E. Strine Jr., the Delaware Supreme Co...
Read More >
With HBO Max entering the fray today, we’ve got your latest dispatch from the streaming wars, inclu...
Read More >
In 2007, the Equal Employment Opportunity Commission filed suit against a trucking company, alleging...
Read More >
There is nothing wrong with free unless there is a hidden cost involved. Small business plans that d...
Read More >
The U.S. women’s soccer team celebrated their victory over the Netherlands at a victory parade in L...
Read More >
Whether your company is at the outset of exploring a potential M&A transaction or in the days leadin...
Read More >