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April 4, 2020 05:53 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Lmg64B2c_Ss/
New guidance on SBA loans means most startups are still excluded from $349 billion stimulus
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 […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Lmg64B2c_Ss/
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