15Oct
Updated Guidance Concerning PPP Loans and Changes of Ownership
How is Change in Ownership Defined? On October 2, 2020 the Small Business Administration published SBA Procedural Notice (5000-20057) (the “Notice”), which was effective on that date. The Notice outlines rules that apply to PPP lenders and entities that received Paycheck Protection Program (PPP) funds (“PPP Borrowers”) when there is to be a change of ownership of a PPP Borrower....
By:
Lathrop GPM
Related
The PRC Export Control Law will come into effect soon on 1st December 2020. This new law makes a num...
Read More >
The latest amendments provide new criminal gun jumping rules, broaden the standard of review, and ex...
Read More >
EEO-1 filers must submit EEO-1 Component 2 (compensation and hours worked) data for years 2017 and 2...
Read More >
Seyfarth Synopsis: It should be clear to all that the NLRB has taken significant steps to restore th...
Read More >
Employers recently received a favorable ruling when a federal district court in Wisconsin held that ...
Read More >
HSI Increases I-9 Audits to Target Unauthorized Employment - In October 2017, U.S. Immigration and...
Read More >