{"id":432,"date":"2020-04-15T13:06:03","date_gmt":"2020-04-15T17:06:03","guid":{"rendered":"http:\/\/blogs.duanemorris.com\/coronaviruscovid19\/?p=432"},"modified":"2020-09-01T17:06:57","modified_gmt":"2020-09-01T21:06:57","slug":"small-business-administration-updates-interim-regulatory-guidelines-to-help-certain-gaming-companies","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/2020\/04\/15\/small-business-administration-updates-interim-regulatory-guidelines-to-help-certain-gaming-companies\/","title":{"rendered":"Small Business Administration Updates Interim Regulatory Guidelines to Help Certain Gaming Companies"},"content":{"rendered":"<p>On April 14, 2020, the Small Business Administration (SBA)\u00a0<a title=\"Paycheck Protection Program \u2013 Additional Eligibility Criteria and Requirements for Certain Pledges of Loans\" href=\"https:\/\/home.treasury.gov\/system\/files\/136\/Interim-Final-Rule-Additional-Eligibility-Criteria-and-Requirements-for-Certain-Pledges-of-Loans.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">issued<\/a>\u00a0revised interim regulatory guidelines for the Paycheck Protection Program (PPP). The revisions provide, in relevant part, that certain companies which derive revenues from legal gaming activities are eligible for PPP loans and are not automatically ineligible as previously thought pursuant to the interim regulatory guidelines released on April 2, 2020, and discussed in our previous\u00a0<i><a title=\"Interim Regulatory Guidelines Preclude Gaming Businesses from Receiving Support Under the CARES Act Paycheck Protection Program\" href=\"https:\/\/www.duanemorris.com\/alerts\/interim_regulatory_guidelines_preclude_gaming_businesses_receiving_support_cares_act_ppp_0420.html\">Alert<\/a><\/i>.<\/p>\n<p>To read the full text of this Duane Morris <em>Alert<\/em>, please <a href=\"https:\/\/www.duanemorris.com\/alerts\/small_business_administration_updates_interim_regulatory_guidelines_help_gaming_0420.html\" target=\"_blank\" rel=\"noopener noreferrer\">visit the firm website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On April 14, 2020, the Small Business Administration (SBA)\u00a0issued\u00a0revised interim regulatory guidelines for the Paycheck Protection Program (PPP). The revisions provide, in relevant part, that certain companies which derive revenues from legal gaming activities are eligible for PPP loans and are not automatically ineligible as previously thought pursuant to the interim regulatory guidelines released on &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/2020\/04\/15\/small-business-administration-updates-interim-regulatory-guidelines-to-help-certain-gaming-companies\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Small Business Administration Updates Interim Regulatory Guidelines to Help Certain Gaming Companies&#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":[289,427,264,379,408,83,263,945,262],"ppma_author":[1043],"class_list":["post-432","post","type-post","status-publish","format-standard","hentry","category-general","tag-cares-act","tag-gaming","tag-loans","tag-paycheck-protection-program","tag-ppp","tag-regulatory","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\/432","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=432"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/posts\/432\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/media?parent=432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/categories?post=432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/tags?post=432"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/ppma_author?post=432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}