Procedural notice 5000-821918

Extension of and Update to Guidance Related to Paycheck Protection Program Loans and Changes of Ownership

The purpose of this Notice is to extend guidance concerning the required procedures for changes of ownership of an entity that has received a PPP loan.

About this document and download

On October 2, 2020, SBA issued SBA Procedural Notice 5000-20057: Paycheck Protection Program Loans and Changes of Ownership, which provided guidance concerning the required procedures for changes of ownership of an entity that has received a Paycheck Protection Program (“PPP”) Loan.

The purpose of this Notice is to extend that guidance through October 1, 2022, and to clarify that the guidance applies to entities that have received First and Second Draw PPP Loans (a “PPP Borrower”).

Download .pdf
File size: 166KB
Effective: October 26, 2021
Owned by: Office of Capital Access
Related Programs: Related programs: PPP
Last updated October 28, 2021