Furthermore, provided that other PPP system eligibility criteria is met, little cooperatives that are agricultural more cooperatives may get PPP loans
Markets Specified Eligibility Criteria:
- Restaurants/Lodging: As put on food and accommodation solutions companies (NAICS codes starting with 72) 4 :
- the “affiliation” rules are clearly waived for organizations without any significantly more than 500 workers, and
- the 500-employee limitation is applicable for a per physical venue basis.
Failure by the applicant to do this is going to be viewed as an usage of PPP funds for unauthorized needs
- Franchises: The “affiliation” guidelines is waived for franchises in the SBA Franchise Directory.