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The SBA’s loan program under the Paycheck Protection Program (the “PPP”) poses special issues for companies that have obtained angel and/or venture capital financing. Many of our clients are affected by this and may require an amendment to corporate documents to be eligible to receive funds. We have created a rules map to assist you in determining whether any of your legal documents with investors may need to be amended before your company applies under the PPP. Please contact us if you require assistance or analysis of this issue. Any necessary amendments to corporate documents to protect eligibility should be done as soon as possible, but before your company applies for assistance if affiliation will result in ineligibility.