[20200406]IN11298_初创企业是否有资格获得SBA新的工资保障计划（PPP）贷款？.pdf

CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i Are Start-ups Eligible for the SBAs New Paycheck Protection Program (PPP) Loans? Sean Lowry Analyst in Public Finance Updated April 6, 2020 The Coronavirus Aid, Relief, and Economic Security Act (CARES Act; P.L. 116-136), among other provisions, created the Paycheck Protection Program (PPP). Under the PPP, a lender may provide “covered loans” to assist small businesses (defined as either businesses that have 500 or fewer employees or that meet the general size standards under the Small Business Act), small 501(c)(3) nonprofit organizations, and small 501(c)(19) veterans organizations that have been adversely affected by COVID-19. These covered loansalso known as PPP loanshave a 100% Small Business Administration (SBA) loan guarantee; a maximum term of 10 years; no associated fees; and an interest rate not to exceed 4%. PPP loan proceeds can be applied to specific purposes, such as payroll (including compensation to employees and owners), leave payments, state and local taxes assessed on compensation paid by the business, mortgage or rent, utilities, and interest on any other debt obligations paid during t