Normal Affiliation Rules

Are borrowers required to apply SBA’s normal affiliation rules under existing U.S. SBA regulations?

Yes. All Borrowers must apply the affiliation rules set forth in the U.S. SBA’s Interim Final Rule on Affiliation.

That rule can be found here:

Borrowers must certify the following, after applying the affiliate rules::

  • It is eligible to receive a PPP Loan
  • Is a small business concern
  • It meets the applicable SBA employee based or revenue based size standard (or eets the alternative size standard.)