SBA revises guidelines on forgivable loans, but AGA calls the resolution a ‘half-measure’

The Small Business Administration revised its guidelines Tuesday covering small companies that service the casino industry, allowing certain businesses to apply for part of $349 billion in forgivable Paycheck Protection Program loans. However, the American Gaming Association noted that certain small gaming companies that closed to comply with government orders over the COVID-19 coronavirus pandemic, “will continue to be denied access to this critical lifeline to support their employees.” AGA CEO Bill Miller, in a statement, called the resolution a “half-measure.”

Read more: Howard Stutz, CDC Gaming Reports