New PPP Guidance Regarding Business Ownership Changes

Under new Small Business Administration (SBA) guidance, certain Paycheck Protection Program (PPP) borrowers might face new requirements. The SBA Procedural Notice (Notice) provides information concerning changes of ownership transactions for entities that received PPP funding. Notably, the Notice addresses a change in ownership interest of the PPP borrower (borrower) itself. It does not specifically address […]

Read the rest of this entry »
GoTo top Top