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SBA Issues Guidance on Changes of Ownership of PPP Borrowers

On October 2, 2020, the Small Business Administration (“SBA”) issued long-awaited clarity on the procedures Paycheck Protection Program (“PPP”) borrowers, and their potential acquirors, must follow in a “change of ownership”...more

Paycheck Protection Program Flexibility Act: PPP Loan Forgiveness Made Easier

On June 5, 2020, the Paycheck Protection Program Flexibility Act of 2020 (“PPP Flexibility Act”), was signed into law, amending and reforming certain aspects of the Paycheck Protection Program (“PPP”). The PPP Flexibility Act...more

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