{"id":331,"date":"2020-04-04T11:35:28","date_gmt":"2020-04-04T15:35:28","guid":{"rendered":"http:\/\/blogs.duanemorris.com\/coronaviruscovid19\/?p=331"},"modified":"2020-08-31T11:53:37","modified_gmt":"2020-08-31T15:53:37","slug":"affiliation-rules-applicable-to-u-s-small-business-administration-paycheck-protection-program","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/2020\/04\/04\/affiliation-rules-applicable-to-u-s-small-business-administration-paycheck-protection-program\/","title":{"rendered":"Affiliation Rules Applicable to U.S. Small Business Administration Paycheck Protection Program"},"content":{"rendered":"<p>On April 3 2020, the SBA released an interim rule with additional guidance regarding the <strong>affiliate<\/strong> rules applicable to the SBA Paycheck Protection Program (PPP).\u00a0 The U.S. Department of Treasury also released interim guidance regarding the affiliation rules applicable to the PPP. As previously reported in our\u00a0<a href=\"https:\/\/www.duanemorris.com\/alerts\/paycheck_protection_program_opens_updated_guidelines_0420.html\"><em>Alert<\/em><\/a>, the program is intended to support small businesses, sole proprietors and independent contractors that have been disproportionately impacted by COVID-19.<\/p>\n<p style=\"background: white;margin: 0in 0in .25in 0in\">To read the guidance and the four tests for affiliation, please review the interim rule from the <a href=\"https:\/\/home.treasury.gov\/system\/files\/136\/SBA%20IFR%202.pdf\">SBA<\/a> and the <a href=\"https:\/\/home.treasury.gov\/system\/files\/136\/Affiliation%20rules%20overview%20(for%20public).pdf\">U.S. Treasury<\/a>.<\/p>\n<h3><b>About Duane Morris<\/b><\/h3>\n<p>Duane Morris has created a\u00a0<a title=\"COVID-19 Strategy Team\" href=\"https:\/\/www.duanemorris.com\/practices\/coronavirus_covid_19.html\">COVID-19 Strategy Team<\/a>\u00a0to help organizations plan, respond to and address this fast-moving situation. Contact your Duane Morris attorney for more information. Prior\u00a0<a title=\"COVID-19 Strategy Team Alerts\" href=\"https:\/\/www.duanemorris.com\/practices\/coronavirus_covid_19.html#tab_AlertsandNews\"><i>Alerts<\/i><\/a>\u00a0on the topic are available on the team\u2019s webpage.<\/p>\n<h3><b>For Further Information<\/b><\/h3>\n<p>If you have any questions about this\u00a0<i>Alert<\/i>, please contact\u00a0<a title=\"Nanette C. Heide\" href=\"https:\/\/www.duanemorris.com\/attorneys\/nanettecheide.html\">Nanette C. Heide<\/a>,\u00a0<a title=\"Sandra G. Stoneman\" href=\"https:\/\/www.duanemorris.com\/attorneys\/sandragstoneman.html\">Sandra G. Stoneman<\/a>, any\u00a0<a title=\"COVID-19 Strategy Team attorney roster\" href=\"https:\/\/www.duanemorris.com\/practices\/coronavirus_covid_19Roster.html\">member<\/a>\u00a0of the\u00a0<a title=\"COVID-19 Strategy Team\" href=\"https:\/\/www.duanemorris.com\/practices\/coronavirus_covid_19.html\">COVID-19 Strategy Team<\/a>\u00a0or the attorney in the firm with whom you are regularly in contact.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On April 3 2020, the SBA released an interim rule with additional guidance regarding the affiliate rules applicable to the SBA Paycheck Protection Program (PPP).\u00a0 The U.S. Department of Treasury also released interim guidance regarding the affiliation rules applicable to the PPP. As previously reported in our\u00a0Alert, the program is intended to support small businesses, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/2020\/04\/04\/affiliation-rules-applicable-to-u-s-small-business-administration-paycheck-protection-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Affiliation Rules Applicable to U.S. Small Business Administration Paycheck Protection Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[289,379,408,263,945,262],"ppma_author":[1043],"class_list":["post-331","post","type-post","status-publish","format-standard","hentry","category-general","tag-cares-act","tag-paycheck-protection-program","tag-ppp","tag-sba","tag-small-business","tag-u-s-small-business-administration"],"authors":[{"term_id":1043,"user_id":6,"is_guest":0,"slug":"duanemorris3","display_name":"Duane Morris","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/843ff6e7a8fe5fc92109b47a45f34b6cf0ea499e6e788db23456c838b0ae6747?s=96&d=blank&r=g","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/posts\/331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/comments?post=331"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/posts\/331\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/media?parent=331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/categories?post=331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/tags?post=331"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/ppma_author?post=331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}