April 6, 2020 - NFP CARES Act Webinar CARES Act Webinar - NFP - Final | Page 7

PAYCHECK PROTECTION PROGRAM (PPP) 500 EMPLOYEE LIMIT WAIVED FOR: Accommodation and food service businesses, with NAICS code 72 (unless the SBA has made a larger designation for a specific industry, see SBA.gov) Franchises, where SBA assigns a franchise identifier code Business receiving financial assistance from a small business investment company (SBIC) licensed by SBA. 7