Venture Capital

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

Read more at techcrunch.com

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 […]