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COVID-19 Resource Portal

Gawthrop’s COVID-19 Resource Portal

Gawthrop Greenwood will continue to update this news feed with new developments and resources during the COVID-19 crisis. Please be sure to refresh the page between visits. You can also sign up for our newsletter by emailing kristen@nousoma.com March 9,…

Gordon W. Prince

Change-In-Ownership Guidance for PPP Borrowers and Lenders

The latest information from the SBA, issued in Procedural Notice No. 5000-20057, has important implications for PPP recipients who have, are in the midst of, or are contemplating effecting a change in ownership of their entity. Of importance, certain changes of ownership will require the approval of the SBA, or, at the very least notice to the SBA.
John Rafferty

Using COVID-19 Liability Waivers to Protect Your Business

By John Rafferty — As many institutions take further steps to reopen, most are interested in creating a safe environment and simultaneously, reducing liability for future COVID-related issues. Some institutions have gone so far as to ask that persons receiving services sign liability…

Gawthrop Greenwood Street Sign

New PPP Loan Forgiveness Applications Issued

By Gordon W. Prince, Esq. In light of the newly executed Paycheck Protection Program Flexibility Act (the “Act”), discussed fully here, the SBA (in consultation with the U.S. Department of Treasury) issued a revised PPP loan forgiveness application, as well…

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