Interim final rule, Business Loan Program Temporary Changes; Paycheck Protection Program [Affiliation Rules], 85 Fed. Reg. 20817 (Apr. 15, 2020) (RIN 3245-AH35)

The record

Jurisdiction

United States; Small Business Administration with the Department of the Treasury (federal)

Level

Federal

Authority

CARES Act § 1114; 15 U.S.C. § 636(a)(36)

Issued

2020-04-03 Apr. 3, 2020

Effective

2020-04-15

End

Through the PPP's life (read as 2021-06-30)

In force

Apr. 15, 2020 to June 30, 2021

Quarters

2020 Q22020 Q32020 Q42021 Q12021 Q2

2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3

Limitation types

Other

Addressees

• PPP applicants and lenders (affiliation determinations; faith-based organizations)

Functions reached

• BL PPP lending (eligibility determinations by lenders)
• OP
• CB

Collection

Federal financial regulators AGY-FED-FINANCIAL

Operative words

Business Loan Program Temporary Changes; Paycheck Protection Program [interim final rule on the affiliation rules applicable to PPP eligibility, including the exemption for faith-based organizations and the waiver of affiliation for NAICS 72 businesses, franchises and SBIC-backed businesses]

Enforcement

Notes