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Author: admin

Transaction Activity Slowed by COVID-19

Written by admin on June 25, 2020. Posted in 2020, COVID-19 Related Articles and Resources, Transaction Update.

After several years of record high transaction activity, there has been a lull in the buy-sell market due to COVID-19. Bass Sox Mercer noticed a steep decline in transaction activity around the time state governments started instituting “stay at home” orders. Existing transactions were terminated...

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Interim Final Rule on Loan Review Procedures and Related Borrower Responsibilities

Written by admin on May 22, 2020. Posted in 2020, COVID-19 Related Articles and Resources.

The U.S. Small Business Administration has posted an Interim Final Rule on Loan Review Procedures and Related Borrower Responsibilities which outlines the forgiveness application, the review process, the potential for denial and the appeal process. Link here.

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