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Small Business Small Business Administration Franchises

Foley & Lardner LLP

SBA Franchise Directory Reinstated, Easing Loan Access for Franchisees

Foley & Lardner LLP on

Effective June 1, 2025, the U.S. Small Business Administration (SBA) will reinstate its Franchise Directory, a critical development for franchise systems and franchisees seeking SBA financing. Originally launched in 2018 and...more

Lathrop GPM

Small Business Administration Eliminates Franchise Directory

Lathrop GPM on

On May 11, 2023, the United States Small Business Administration will eliminate the SBA Franchise Directory, a move that may impact evaluation of franchise loans by some lenders. The change comes from the SBA’s revision of...more

Lewitt Hackman

Relief for Restaurant, Other Small Business Franchisees

Lewitt Hackman on

On April 7, 2022, the House of Representatives passed bill H.R. 3807, the Relief for Restaurant Franchisees and other Hard Hit Small Businesses Act of 2022, which, if passed by the U. S. Senate, will add $42 billion to the...more

Lewitt Hackman

Restaurant Revitalization Fund Application Process and Guidelines Update

Lewitt Hackman on

The Small Business Administration (SBA) released key details on application requirements (RRF Application), eligibility and a program guide (RRF Program Guide) for the Restaurant Revitalization Fund (RRF) on April 19, 2021....more

Neal, Gerber & Eisenberg LLP

SBA Issues Interim Final Rule Capping Aggregate PPP Loan Amounts at $20M for Single Corporate Groups

The Small Business Administration (SBA) recently released additional guidance that businesses that are part of a single corporate group shall in no event receive more than $20 million of Paycheck Protection Program (PPP)...more

PilieroMazza PLLC

Weekly Update Newsletter - April 2019

PilieroMazza PLLC on

HEARING ON THE SMALL BUSINESS RUNWAY EXTENSION ACT - PilieroMazza’s Megan Connor testified at the House Small Business Subcommittee on Contracting and Infrastructure’s hearing on March 26, 2019, concerning the...more

Snell & Wilmer

SBA to Require Franchisors Be Listed on Franchise Directory for Franchisees to Be Eligible for SBA Financing

Snell & Wilmer on

Effective January 1, 2018, the U.S. Small Business Administration (SBA) will only process loans to fund the acquisition and development of new franchises if the franchisor is listed on the SBA’s new Franchise Directory....more

Baker Donelson

SBA Changes the Game

Baker Donelson on

On November 22, 2016, the Small Business Administration released SOP 50 10 5(I) (the "SOP"), which is administrative speak for new standard operating procedures affecting loans to businesses involved in franchising. The...more

Holland & Knight LLP

Food and Beverage Law Update: October 2015

Holland & Knight LLP on

Labor and Employment - Plaintiff Wage and Hour Lawsuits Continue to Climb - Wage and hour litigation has become what some call the new "workplace revolution." Data from the Federal Judicial Center indicates that...more

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