Category: guidance

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

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CDC issues new guidance against gatherings of 50 or more people for the next 8 weeks
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CDC issues new guidance against gatherings of 50 or more people for the next 8 weeks

The U.S. Centers for Disease Control and Prevention (CDC) has updated its guidance (also available in full below) regarding large group gatherings and events in light of the ongoing effort to combat the spread of coronavirus in the country. The new CDC guidance recommends against holding any events or group gatherings of 50 or more people…

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