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jdsupra.comjdsupra.com on 2020-04-08 02:10

SBA Issues Affiliate Guidance for Emerging Companies and Other Small Businesses Seeking Paycheck Protection Program Loans Under The Cares Act: Affiliate Guidance Indicates that Venture-Backed Companies Need to Continue to Scrutinize Governing Documents For Minority Control Provisions

On April 3, 2020, the Small Business Administration (SBA) released additional guidance regarding the determination of “affiliate” status for purposes ...

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