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COVID-19: Buying and Selling PPP Borrowers

KL Gates Hosted Event
Date: 7 October 2020
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We provide an update on recent developments related to PPP forgiveness and M&A transactions involving PPP borrowers, including recent unpublished guidance from SBA. We discuss purchase price, valuation and structuring considerations, lender and SBA consent requirements, and the impacts of leaving in place a target’s PPP on the buyer’s operations, taxes and its other lenders, as well as other key legal, reputational and practical risks that should be addressed in these transactions.

Find more items tagged as: Corporate, COVID-19 Global Government Stimulus, Mergers and Acquisitions, Responding to COVID-19
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