Small-Business Aid Program Set to Run Out of Money Later Today

WASHINGTON—A small-business loan program at the center of a standoff between congressional Democrats and Republicans aligned with the White House is expected to run out of money later Wednesday, according to a person familiar with the fund.

Negotiations between Congress and the White House resumed Wednesday over replenishing the small-business loan program designed to support businesses hit by the coronavirus pandemic. The program was expected to exhaust its initial allocation of $350 billion later in the day. As of Wednesday...

How do you apply for this small business loan? It is hitting flat bed owner/operator hard as well. you cant haul TP on flat bed. Construction sights closed and their in nothing for us to haul. If anyone can help me out I would appreciate it.

DanaPerino Democrats?

Open up the country and we will not need anymore money

In large part, because companies like Shake Shack (market cap $1.6 billion, even after market decline) are eating up funds supposed to go to 'small businesses'

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Sifill_LDF I think we deserve to know where that 350 billion went exactly!

DanaPerino And Nancy won't call the house back to session to pass a relief bill. To all you small business owners who will be told the well is dry, remember which side and who f_ _ked you.

Never got a penny.

DanaPerino Call the greedy pet project Dem monsters taking advantage of this terrible situation. As we know, one of their strategies is “never let a serious crisis go to waste “ Sad part is.....people keep listening to & voting for them 😫🤔😡

hughhewitt So what?

DanaPerino Call Pelosi and Schmuck Schumer and fire them!

DanaPerino SpeakerPelosi Pelosi is too busy to care about the small businesses. She & Lying Schiff are focusing on more investigations. Maybe the WSJ could look into the deep roots of some Dems/Media in China.

I got nothing!

DanaPerino More stimulus is absolutely needed, ASAP

DanaPerino Nancy doesn’t want to give the American people money to survive.

I turned my SBA PPP application in, my bank yesterday they couldnt promise that this would go thru do to backlog at SBA. Small business 2 employees, in business since 1989.

Why is Congress holding this up for non related issues? Where is Pelosi on this? She is in charge of the House.

DanaPerino Dana, Trump’s bullying the WHO and China 🇨🇳 for NOT listening, responding, and poor community is WHY WE NOT the base Republicans will fire HIM: He has done the same to America’s career government leadership and experts, intelligence community and leadership, and institutions

PPPloan SmallBusiness Program Runs Out of Money Today....1,292,000 businesses (4%) got an average of $191,950.46. 28,708,000 small businesses got $0. Program s/b $5 trillion. Only people with that kind of money? federalreserve

DanaPerino But the fed can buy junk bonds to bail out their banksters friends.

Won’t someone think of the tyrants

RuthsChris gets 20 million of a 10 million max tho - my small biz got approved for 1k. Like I can pay employees with that?

asked everyone on amazon forum, no one ever got a penny and yet 350b just like other 10 trillion dollars disappeared into thin air....LongLiveCapitalism

DanaPerino Talk to Chuck and Nancy.

If they actually gave it to small business who need it and not monoliths like Ruth Chris steak house steak house who have plenty of assets we would all be better for it.

Sifill_LDF From what I'm reading, the panel that was to monitor these loans/grants doesn't seem to have been set up yet. I know trump chose an IG who will do what he wants. There doesn't seem to be much transparency. I'd like a list of what was funded, who decided to fund them, etc.

A list needs to be published on who is getting the loan and the amount. I don't trust Trump, Kushner, and others on the gravy train not to skim or reappropriate funding into their pockets.

Wut

Probably went to businesses who didn’t need it - businesses with limited employees are probably going under because they can’t make rent - should have given small businesses- under 50/100, a rent holiday etc to save them from ruin

Who the heck got it? Self employed applied never nothing. Can’t even find a status on my application. This whole thing is a nightmare.

Well damn😂😂

TheDemocrats suck!

Why is the rich flourishing still at a time like this!?

Democrat Congress enemy of the people!

so Q1 small biz shutdowns simply pushed into Q2

If only Obama's vactions didn't equate to over 50% of our national debt.....

While Chuck and Nancy showboat

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Small business loan program expands with PayPal, Square, IntuitA number of fintech companies -- many of them household names -- can now participate in the federal government's Paycheck Protection Program. Go into debt while we just give major corporations billions because they own these politicians...
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No signs of progress on small business aidYesterday, at the coronavirus briefing, we thought we had seen everything until Pastor Pence with the dark sunk in eyes came up and starting trying to get us to by the only used car on the lot with 200,000 miles on it. That guy is so fucking dramatic and phony. Senator Pelosi will have blood and bankruptcy on her hands. How is this corrupt individual not in prison? So disgusting Where is the House?
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Congress Won't Return Until May, As Talks Appear To Stall On Small Business AidThe schedule change, which followed the advice of health experts, comes as talks stalled on Republicans' push to boost funding for a small business program. If the fucking Senate isn't re-opening for business then why should the rest of America? Trump wants all Americans to go to work on May 1, but the Senate will re-open for business only on May 4th?! keith72504 Sure, take your time. Nothing urgent going on or anything. 😡
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