c. How do I determine if I am ineligible? Paycheck Protection Program

FAQ#: 217 published 4-23-2020

PPP III. Temporary New Business Loan Program: Paycheck Protection Program

Effective Date: This rule is effective April 14, 2020.

c. How do I determine if I am ineligible?

Businesses that are not eligible for PPP loans are identified in 13 CFR 120.110 and described further in SBA's Standard Operating Procedure (SOP) 50 10, Subpart B, Chapter 2, except that nonprofit organizations authorized under the Act are eligible. (SOP 50 10 can be found here. )

Reference Resource: SBA-2020-0015-0001

Comment Date: Comments must be received on or before May 15, 2020.

To submit your comment on this topic here: SBA-2020-0015-0001

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