Paycheck Protection Program – SBA Releases Interim Final Rule on Affiliation to Determine Number of Employees

U.S. Small Business Administration (SBA) issued an interim final rule with additional guidance regarding the application of certain affiliate rules applicable to SBA’s implementation of the “size rules” of the Act and requests public comment.  The new guidance effectively reiterates the “control” standards previously communicated including, but not limited to: A holder of more than 50% … Continue reading Paycheck Protection Program – SBA Releases Interim Final Rule on Affiliation to Determine Number of Employees