New guidance on SBA loans means most startups are still excluded from $349 billion stimulus

20:53 04.04.2020
Under new guidance issued by the Small Business Administration it seems non-profits and faith-based groups can apply for the Paycheck Protection Program loans designed to keep small business afloat during the COVID-19 epidemic, but most venture-backed companies are still not covered. Late Friday night, the Treasury Department updated its rules regarding the “affiliation” of private […]...
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