Why Venture-Backed Startups Shouldn’t Take SBA Loans

If you’re not shut out of the credit markets, leave it for those who really need it.

Photo: Tijana/Ilic/iStock/Getty Images Plus

There has been a lot of discussion about whether startups qualify for forgivable loans under the Paycheck Protection Program (part of the CARES Act) administered by the U.S. Small Business Administration. I don’t want to rehash the…