CARES ACT - DOES SEARCH FUND OWNERSHIP PRECLUDE ELIGIBILITY?

Hope everyone is staying safe and healthy. I'm curious to get a read on whether the broader community believes that search fund companies are eligible for the forgivable loans. There appears to be an attempt to exclude PE-backed companies (link below):

https://www.axios.com/newsletters/axios-pro-rata-f080d6bb-1717-4c56-98a0-77f94bd16347.html?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiosprorata&stream=top




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