SBA Clarifies New Rules for Nonprofits Regarding the Paycheck Protection Program

A recent article from Venable, a law firm with a large nonprofit practice, announced that the Small Business Administration’s Paycheck Protection Program updated its guidelines, clarifying two important areas. First, the SBA explained its requirements concerning “lobbying activities” referred to in the original law. Second, the SBA verified that nonprofits eligible to apply for second-draw […]