09Oct
SBA Sets Rules For Dealing With PPP Loans In M&A Transactions
New guidance from the Small Business Administration (SBA) sheds light on questions that arise in the context of M&A transactions where one of the companies has secured a potentially forgivable loan through the Paycheck Protection Program (PPP). Parties to such transactions must be prepared for increased scrutiny during due diligence, transaction timeline delays and certain valuation implications......
By:
Fox Rothschild LLP
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