14Oct
SBA Clarifies Rules Regarding PPP Loans And Changes Of Ownership
In a recently issued procedural notice, the Small Business Association (“SBA”) addressed a lingering question of borrowers and lenders related to the Paycheck Protection Program (“PPP”) process: What procedures are required for changes of ownership of an entity that has received PPP funds? The notice, issued on October 2, describes when change of ownership is considered to have occurred and what impact such change has on a PPP borrower’s responsibilities under the program......
By:
Fraser Trebilcock
Related
On April 2nd, the New York State Assembly and Senate passed the Governor’s budget bill which contai...
Read More >
M&A activity in the retail sector fell sharply during the first half of 2019, as uncertainty and dig...
Read More >
How You Should Deal With Missing Plan Participants. What you need to do. Being a 401(k) plan spons...
Read More >
Employment Law attorneys Mark Pihart, Laura Pfeiffer and Rachel Brygger discuss details of Minnesota...
Read More >
Delaware recently passed a bill, House Bill 199 (HB 199), which, among other things, amends the crim...
Read More >
The Government of Alberta recently introduced the Builders’ Lien (Prompt Payment) Amendment Act, 20...
Read More >