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Tag: sba guidance

Change of ownership may change reporting requirements on PPP loans

Changes in Ownership May Change Reporting Requirements for Paycheck Protection Loans

On October 2, 2020, The Small Business Administration issued Notice 5000-20057 outlining specific reporting procedures that are required for entities that have received Paycheck Protection…

PPP Loan Forgiveness

SBA Releases Additional Guidance on PPP Loan Forgiveness

On Wednesday, May 13th, the SBA released additional guidance on PPP loan forgiveness. In this update, we will provide information on the newly issued FAQ-46…