20Nov
It’s a Bird, It’s a Plane, It’s…the SBA? SBA Issues Guidance on Change of Ownership Transactions Involving PPP Loans
Dealmakers know that uncertainty is their proverbial kryptonite. As M&A and investment have started to show signs of life, acquirers of and investors in companies that received loans under the Paycheck Protection Program (PPP) have been grappling with managing the risks associated with those loans, including whether and what kinds of approvals are necessary to acquire or invest in such a target. Recently, however, the U.S. Small Business Administration (SBA) has acted to reduce this uncertainty...
By:
White and Williams LLP
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