The U.S. Small Business Administration (SBA) released a procedural notice (the Notice) on October 2, 2020, that describes the process and requirements that Paycheck Protection Program (PPP) borrowers ...

A promissory note is a binding agreement between a lender and a borrower. While they aren't necessarily complicated, it's essential to follow a simple promissory note sample and follow steps to make ...

The October 2, 2020 Procedural Notice provides a safe harbor for transactions involving small (in percentage terms) changes in ownership by stating that a “change of ownership” will be deemed to have ...

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A promissory note is a type of negotiable instrument that's similar to a common law contract. Basically, it is a promise to pay a certain amount to the holder of the note, according to certain terms, ...