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SBA Clarifies Rules Regarding PPP Loans and Changes of Ownership

Fraser

In a recently issued procedural notice , the Small Business Association (“SBA”) addressed a lingering question of borrowers and lenders related to the Paycheck Protection Program (“PPP”) process: What procedures are required for changes of ownership of an entity that has received PPP funds?

Loans 62
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How a Debt Collection Agency Can Help Your Cash Flow

Credit Management Company

While healthcare providers are most commonly associated with debt collection, lenders, manufacturers, service companies, retailers, contractors, and even independent contractors can benefit. Collection agencies help enhance the relationship between provider and patient so that patients are more likely to pay their bills.

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Construction and Real Estate E-Note August 2021

Burr Forman

Contact Cheri in Jackson, MS at (601) 709-3444 or cgatlin@burr.com. Contact Devin in Birmingham, AL at (205) 458-5332 or ddolive@burr.com. Contact Mike in Mobile, AL at (251) 345-8216 or mrich@burr.com. Her practice will focus on representation of lenders in various financing transactions, including commercial real estate loans.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Department of Education, announced that the department will reverse a policy put in place during the Trump administration that blocked state and federal regulators from accessing records needed to investigate student loan lenders, servicers, and private collection agencies. For more information, click here. On May 27, U.S. On May 25, U.S.

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Top 5 Customer Development Posts of 2020: COVID and Beyond   

Fico Collections

So, any use of CDRs to track where infected people have been, and then trace the people they may have come into contact with, needs to be carefully managed with regard to privacy.”. Whilst texts do not identify patients, they do give gender, age range and names of shops and restaurants they visited.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

The bill “establishes temporary limitations on lenders’ remedies for borrowers’ failures to make payments on obligations secured by mortgages, trust deeds or land sale contracts for certain real property” due to “loss of income that is related to the COVID-19 pandemic.” On May 12, Oregon H.B.

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Part II: What Documents Matter Most In Determining Share Value in a Buyout? An Analysis of Key Documents and Why They Matter

Jimerson Firm

List of notes payable outstanding as of the valuation date, including lender, original amount, interest rate, term, and covenants. Name and contact information of a company representative for the purpose of coordinating a site visit and meeting to discuss the Company’s operations. Aged accounts payable lists nearest the valuation date.

Trade 52