United States: SBA Muddies The Waters By Issuing Complicated Reporting Requirements For Ownership Changes Of A PPP Borrower - Lane Powell

United States: SBA Muddies The Waters By Issuing Complicated Reporting Requirements For Ownership Changes Of A PPP Borrower - Lane Powell

Mondaq

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The Small Business Administration (SBA) released a Procedural Notice that establishes an approval process for transactions that result in a change in ownership of a paycheck protection program (PPP) borrower.

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