.
Payday lenders weren't explicitly mentioned, but a spokesperson for Rep. Blaine Luetkemeyer , one of the lawmakers who led the letter, confirmed the intent was to include them in the request.companies provide their constituents with access to financial services "Yet these businesses have been shut out completely from the PPP, which has forced many of them to lay off their highly trained employees who would have preferred to keep their jobs than seek government unemployment assistance," the lawmakers said.
The lenders are among many industries lobbying to gain access to the $670 billion small business loan program, which has proven to be one of the most popular and also most controversial economic aid efforts launched during the Covid-19 pandemic.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Let me guess, bipartisan means many HouseDemocrats and one HouseGOP who wants to read the bill... More dumocrates spending taxpayers money
No! These are the absolute worst predators in the money system.
Sounds like some lawmakers have been receiving some money.
HELL NO
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Facing furor, Ruth’s Chris high-end steak chain returns $20 million small business loanThe restaurant chain has been under fire for accepting stimulus loans earmarked for struggling small businesses. when there is Free money' the greedy rich are always first in line with their hands out Awe man, they're gonna have to sell like 7 steaks to make that up. Well done!
Source: NBCNews - 🏆 10. / 86 Read more »
Facing furor, Ruth's Chris high-end steak chain returns $20M small-business loanThe restaurant chain has been under fire for accepting stimulus loans earmarked for struggling small businesses. Good This just in! RUTH'S RISKS WRATH, RETURNS RESCUE RICHES!
Source: YahooNews - 🏆 380. / 59 Read more »
Facing furor, Ruth’s Chris high-end steak chain returns $20M small-business loanThe restaurant chain has been under fire for accepting stimulus loans earmarked for struggling small businesses. But how are they even able to get it in the first place? This is a shocking waste of funds! Who can we shame next? Potbelly sammiches is 'on the clock'
Source: NBCNews - 🏆 10. / 86 Read more »
After Shake Shack controversy, Treasury says public companies should repay loansThe new guidance came as Congress approved another round of funding for small business loans. Was the confusion they thought that if they were SBA qualified because they are just multi-million dollar companies instead of multi-billion dollar companies? Do you think liberals can muster up the courage to go out and support government designated 'non-essential' businesses? Right now it's okay for liberals to shop at virus-free dispensaries, liquor stores, grocery stores, walmart/costco, gas stations, home improvement stores etc. They are getting caught Dorian the swamp my ass
Source: ABC - 🏆 471. / 51 Read more »
Billions more for small business not available immediately, will likely run out quickly: LenderAs Congress rushes to pump another $310 billion into the popular Paycheck Protection Program, designed to help small businesses retain their workers for two months, experts say to expect a delay in the money being available and that it's likely to quickly run out of cash once again. The demand - Every Battlefield has its casualties which are unavoidable...
Source: YahooNews - 🏆 380. / 59 Read more »
How Restaurant Titans Like Shake Shack and Sweetgreen Ended Up With Small-Business LoansIt was the Independent Restaurant Coalition that first proposed that restaurants could qualify for small-business loans based on employees per location, not employees total It should be up to 500 employees Not 500 employees per location that is just stupid but what do you expect from Congress
Source: Eater - 🏆 368. / 59 Read more »