Ppp Escrow Accounts - Search Fund Community

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01/06/2021 Redacted Redacted

searcher Dartmouth College - Tuck School of Business at Dartmouth Georgetown University

PPP ESCROW ACCOUNTS

Has anybody else escrowed PPP funds because they sold their business before forgiveness was granted? If so, what interest rate was applied to your escrowed funds? 

Thanks!

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intermediary Marquette University - 01/06/2021

I had a couple client deals with escrow accounts for PPP loans. They were standard savings accounts and not much more is needed as it's to be very short term.

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