X
14Oct

SBA Issues PPP Loan Guidance Regarding M&A Transactions

The U.S. Small Business Association (the “SBA”) released on October 2, 2020 a Procedural Notice providing guidance as to a change of ownership of companies (a “PPP Borrower”) which received a loan (a “PPP Loan”) through the Paycheck Protection Program (the “PPP”)....
By: Saul Ewing Arnstein & Lehr LLP
Source Url: https://www.jdsupra.com/legalnews/sba-issues-ppp-loan-guidance-regarding-97423/

Related

Paycheck Protection Program – Where Are We Now? An Up-To-Date Guide to the Paycheck Protection Program - October 2020

Since the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on...

Read More >

Part 541 Salary Level Increases to $684/Week

Seyfarth Synopsis: The U.S. Department of Labor announced its final rule updating and revising the r...

Read More >

Real-World Social Media Investigations: Online Actions Have Consequences

Social media—from Facebook and Twitter to Instagram, LinkedIn, Reddit, YouTube, and more—has becom...

Read More >

COVID-19 Preparedness

Employers across the world are responding to the developing information on the coronavirus (referred...

Read More >

Chancery Court Finds that Res Judicata Bars Plaintiff’S Demand for Information Rights under Merger Agreement

In the Memorandum Opinion, Fortis Advisors LLC v. Shire US Holdings, Inc., No. 2018-0933-JRS (Del. C...

Read More >

NJ Department of Labor Adopts Regulations on Suspension and Revocation of Employer Licenses

Continuing New Jersey’s efforts to eliminate and to hold employers accountable for employee misclas...

Read More >