15Oct
SBA Guidance Issued on Change of Ownership for PPP Borrowers
On Oct. 2, 2020, the U.S. Small Business Administration (SBA) issued Procedural Notice Control No. 5000-20057 (the SBA Guidance), which clarifies approval requirements for Paycheck Protection Program (PPP) borrowers upon a change of ownership. Previous guidance and communications with both PPP lenders and local SBA offices resulted in some confusion around whether the PPP lender, the SBA or both needed to approve the change of ownership....
By:
BakerHostetler
Related
As the U.S. economy enters its tenth year of continuous growth, cities are responding with ways to h...
Read More >
Welcome to the 2019 Shearman & Sterling Antitrust Annual Report. Our seventh edition focuses on the...
Read More >
In a straightforward case, but one with widespread applicability today, the 9th Circuit Court of App...
Read More >
In an article published by IPWatchdog on November 15, India Vincent and Brooke Watson discuss the in...
Read More >
Workers of Gig-Economy Platforms are Employees, Madrid’s Court of Justice Rules - Precedential Dec...
Read More >
On November 14, 2019, the U.S. Senate Committee on Small Business and Entrepreneurship held a hearin...
Read More >