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Reaction and Recovery Plan For International Companies During and After Covid-19 - Shared screen with speaker view
Yelena Epova
a client of mine was just denied PPP from Iberia bank due to less than 51% U.S. ownership. The bank got legal opinion. They have big presence in the U.S. My fear is that by the time banks figure out what to do with foreign owned companies all money will be gone
Alon Harnoy
With the change in the form question 7, I would think foreign owned permitted if we have US employees (and affiliation rules puts us <500)