SBA Issues Interim Final Rules on Paycheck Protection Program

The Small Business Administration (SBA) released regulations on the Paycheck Protection Program (PPP) in the form of two interim final rules: one on the program generally and the other on the program’s affiliation requirements. For an overview of the Program, which was part of the CARES Act, please see our alert, here.

The key takeaways of the interim final rule are as follows: Continue Reading