POLITICO – 27/04/2020
THEODORIC MEYER
BROADCASTERS, NEWSPAPERS PUSH FOR CHANGE TO SMALL BUSINESS LOAN RULES: The National Association of Broadcasters and the News Media Alliance are lobbying Congress to change the rules governing the small business loan programs to allow more TV stations, radio stations, newspapers and other media properties to apply. The trade groups want to revamp the Small Business Administration’s rules to let publishing and broadcasting companies with more than 500 employees — the typical cutoff for what’s considered a small business,although some industries have higher caps — apply for the loans, as long as each station or publication within a larger group doesn’t have more than a certain number of employees.