Washington, D.C. — With banks and other lenders across the country set to begin accepting loan applications today for the Paycheck Protection Program (PPP) authorized under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, support continues to grow for saving startup jobs nationwide by addressing the Small Business Administration’s (SBA) “Affiliation Rules.”

A decision by the Trump Administration is expected at any time, as the interim final rule published by the SBA yesterday said, “SBA intends to promptly issue additional guidance with regard to the applicability of affiliation rules at 13 CFR §§ 121.103 and 121.301 to PPP loans.”