Following last Friday’s passing of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), businesses are eager to obtain much-needed relief, but there are uncertainties about which forms of relief are available to them. Questions remain as to whether and to what extent rules applicable to existing Small Business Administration (SBA) loan programs or other existing rules relating to issues such as how to calculate small business size or number of employees, whether entities are affiliates, how much information is required to be disclosed, how to calculate the amount of funding that can be obtained, and other matters apply to the CARES Act’s Paycheck Protection Program (PPP).

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