The liquidity and budget accessibility test will never be limited to large general public firms.

The liquidity and budget accessibility test will never be limited to large general public firms.

On April 27, 2020, the SBA more clarified in FAQ #37 that exclusive agencies must embark on the equivalent fluidity analysis as large open public corporations.

The SBA is providing a “secure harbor” by permitting people that reimburse exceptional financial products entirely by May 14, 2020*, to become regarded through SBA to experience earned the necessary certificates sincerely at the time of the application for the loan and investment. Continue reading “The liquidity and budget accessibility test will never be limited to large general public firms.”