Under new guidance from the Small Business Administration (SBA) issued through a Procedural Notice (Notice) on Oct. 2, 2020, certain PPP borrowers may be required to seek prior consent from
Continue Reading Paycheck Protection Program: PPP Borrowers May Need Prior SBA Approval for Change in Ownership Transactions
Recently, the Small Business Administration and the Treasury Department released its latest guidance in the form of two interim final rules on loan forgiveness: “Business Loan Program Temporary Changes;
Continue Reading PPP Loan Forgiveness: What the Latest Guidance Means for You
Late on May 15, the SBA released its PPP Loan Forgiveness Application. View the application form and instructions here.
The U.S. Treasury also published some initial, limited commentary. Find
Continue Reading SBA Releases PPP Loan Forgiveness Application
Many Israeli companies have operations set up in the US, thus have been adversely affected by COVID-19 on both the Israeli and American fronts.
The US government recently announced adding
Continue Reading New Guidance on PPP Loan Eligibility: Hedge Funds, PE Funds, and Businesses with Access to Liquidity