{"id":409,"date":"2020-04-24T16:24:58","date_gmt":"2020-04-24T20:24:58","guid":{"rendered":"http:\/\/blogs.duanemorris.com\/gaminglaw\/?p=409"},"modified":"2020-06-11T16:26:59","modified_gmt":"2020-06-11T20:26:59","slug":"small-business-administration-updates-interim-regulatory-guidelines-to-greatly-expand-accessibility-of-paycheck-protection-program-loans-to-gaming-businesses","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/gaminglaw\/2020\/04\/24\/small-business-administration-updates-interim-regulatory-guidelines-to-greatly-expand-accessibility-of-paycheck-protection-program-loans-to-gaming-businesses\/","title":{"rendered":"Small Business Administration Updates Interim Regulatory Guidelines to Greatly Expand Accessibility of Paycheck Protection Program Loans to Gaming Businesses"},"content":{"rendered":"<p>On April 24, 2020, the casino industry received some much-needed good news from the Small Business Administration (SBA). Specifically, the SBA issued revised regulatory guidelines for the CARES Act\u2019s Paycheck Protection Program (PPP) that now make PPP loans available to small gaming businesses\u00a0<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\">previously precluded<\/a>\u00a0from the program because of restrictions on gambling-based revenue, but otherwise met the eligibility requirements.<\/p>\n<p>To read the full text of this Duane Morris <em>Alert<\/em>, please <a href=\"https:\/\/www.duanemorris.com\/alerts\/sba_updates_interim_regulatory_guidelines_greatly_expand_accessibility_ppp_loans_gaming_0420.html\" target=\"_blank\" rel=\"noopener noreferrer\">visit the firm website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On April 24, 2020, the casino industry received some much-needed good news from the Small Business Administration (SBA). Specifically, the SBA issued revised regulatory guidelines for the CARES Act\u2019s Paycheck Protection Program (PPP) that now make PPP loans available to small gaming businesses\u00a0previously precluded\u00a0from the program because of restrictions on gambling-based revenue, but otherwise met &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/gaminglaw\/2020\/04\/24\/small-business-administration-updates-interim-regulatory-guidelines-to-greatly-expand-accessibility-of-paycheck-protection-program-loans-to-gaming-businesses\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Small Business Administration Updates Interim Regulatory Guidelines to Greatly Expand Accessibility of Paycheck Protection Program Loans to Gaming Businesses&#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":[248,246,245,261,260],"ppma_author":[271],"class_list":["post-409","post","type-post","status-publish","format-standard","hentry","category-general","tag-cares-act","tag-coronavirus","tag-covid-19","tag-paycheck-protection-act","tag-u-s-small-business-administration"],"authors":[{"term_id":271,"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\/gaminglaw\/wp-json\/wp\/v2\/posts\/409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/comments?post=409"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/posts\/409\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/media?parent=409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/categories?post=409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/tags?post=409"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/ppma_author?post=409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}