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@bijans @trevorloy So, a few things:
1) we've been saying that the analysis is 301(f), not full 103. That's important because 301(f) = way better for Venture-backed #startups seeking #SBALoans. See @Forbes forbes.com/sites/edwardzi…
1) we've been saying that the analysis is 301(f), not full 103. That's important because 301(f) = way better for Venture-backed #startups seeking #SBALoans. See @Forbes forbes.com/sites/edwardzi…
@bijans @trevorloy @Forbes 2) Treasury's release from last night confirms this understanding of the plain language of the #affiliationRules applied to #PPP for #SBALoans under #Section7a (cc @DougBernstein who shared our view/analysis from early on)
home.treasury.gov/system/files/1…
home.treasury.gov/system/files/1…
@bijans @trevorloy @Forbes @DougBernstein 3) Here's how we read the language @trevorloy quoted (we start with 301(f) (as per what we published last Monday) lowenstein.com/news-insights/… cc @LowensteinLLP
