COVID-19 Outbreak (Update: More than 2.9M cases and 132,313 deaths in US)

St. Widge said

It's an interesting fact, but I'm not sure that it has anything to do with the issue at hand since I don't think that's what is being used to circumvent the clear intent of the legislation.

Click to expand...

Well, I'm seeing reports like this:

https://www.cnbc.com/2020/04/21/lar...re-taking-small-businesses-payroll-loans.html
I attempted to share how the Small Business Administration uses NAICS Codes to classify businesses as Small or Other Than Small and how companies can qualify as both.

This is important because the SBA approved the payroll loans.

It's not a circumvention of the clear intent of the legislation . . . it's how the legislation has been enacted through the years, through multiple administrations.

Keep in mind, again, under SBA rules, there's no such thing as a Large Business . . . which is a term the CNBC and Morgan Stanley used repeatedly.