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So you can get the loan to cover up 2.5x monthly payroll, use that to pay your employees for 8 weeks, then the loan is forgiven? Is there any reason a software

• manigandham 7y ago
  If you can use it then you should. However startups that have investors that own a major share in multiple companies might have a problem because employees at all of those companies can be counted together and cross over the 500 limit. The "affiliation guide" specifies what counts as a small business and prevents a single organization from creating many smaller companies to get SBA benefits. I'm not sure if it changed for these new benefits. Here is the guide: https://www.sba.gov/document/support--affiliation-guide-size-standards https://www.sba.gov/document/support--affiliation-guide-size...