On Friday, October 2, 2020, the U.S. Small Business Administration issued SBA Procedural Notice 5000-20057, which provides long-awaited guidance regarding pre-forgiveness restructures and ownership changes of borrowers under the Paycheck Protection Program.
The post SBA Announces Restrictions on PPP Borrowers’ Mergers and Transfers of Assets or Ownership first appeared on Strauss Troy Co., LPA.
