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
Pepper Hamilton partner Paul L. Porretta and Troutman Sanders partner Mamta K. Shah recently hosted ...
Read More >
In Channel Medsystems, Inc. v. Boston Scientific Corporation, the Delaware Court of Chancery rejecte...
Read More >
The Justice Department lost another merger the other day. This one was their challenge to Sabre’s ...
Read More >
The COVID-19 pandemic is bringing unprecedented disruption to the global M&A market. Even in today’...
Read More >
Our quarterly report takes a look back at the most significant class action developments over the la...
Read More >
Company's Written Policy Terminated Women at the Fifth Month of Pregnancy Regardless of Ability to W...
Read More >