On October 2, 2020, the SBA issued guidance under a procedural notice (the “Notice”) providing information concerning the required procedures for changes of ownership of an entity that has received a Payroll Protection...more
10/8/2020
/ Acquisitions ,
Borrowers ,
Change of Ownership ,
Escrow Accounts ,
Lenders ,
Loan Forgiveness ,
Mergers ,
New Guidance ,
Paycheck Protection Program (PPP) ,
SBA ,
Small Business ,
Written Notice
The Senate has passed legislation (H.R. 7010) providing more flexibility to recipients of loans under the Paycheck Protection Program (PPP). The legislation already passed the House and now just awaits President Trump’s...more