Grubhub Grabbed and Contactless Is Everywhere

In this edition of MRM News Bites, we feature updated links for the PPP, the acquisition of Grubhub and contactless products and services.PPP RevisionsThe U.S. Small Business Administration (SBA), in consultation with the U.S. Department of the Treasury, issued new and revised guidance for the Paycheck Protection Program (PPP).  This guidance implements the Paycheck Protection Program Flexibility Act (PPPFA), signed into law by President Trump on June 5, 2020, and expands eligibility for businesses with owners who have past felony convictions.

The eligibility threshold for those with felony criminal histories has been changed.  The look-back period has been reduced from five years to one year to determine eligibility for applicants, or owners of applicants, who, for non-financial felonies, have (1) been convicted, (2) pleaded guilty, (3) pleaded no contendere, or (4) been placed on any form of parole or probation (including probation before judgment).  The period remains 5 years…