SBA Controls Whether Bankruptcy Debtors May Take PPP Loans
By EsqSocial Corporation 08/01/21
Until the U.S. Small Business Administration changes its position and rules, bankruptcy debtors are still unable to obtain PPP loans. That’s because, under the Consolidated Appropriations Act 2021 (the Act) signed by President Trump on December 27, 2020, none of the provisions relating to bankruptcy are effective until and unless the SBA allows them......
By: Fox Rothschild LLP