Emergency funding for small businesses affected by the coronavirus - Business Insider

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Now that the $349 billion stimulus aid for small businesses has run out, founders will have to turn to other sources for emergency funding.

A customer waits for their order inside a nearly empty Tasty Burger restaurant in Cambridge, MA, on March 11, 2020.is hitting small businesses especially hard as customers practice social distancing, states enact forced closures, and events get canceled.Now that thehas run out, founders will have to turn to other sources for emergency funding.

Here is a list of emergency funding resources available right now from public and private sources for small businesses suffering economic disruption due to the coronavirus. The economic consequences of the coronavirus pandemic are hitting small businesses especially hard as customers practice social distancing, states enact forced closures, and events get canceled., and they employ more than half of the workforce.

According to US government research, natural disasters cause 40% of small businesses to fail, while one in four small businesses will close within a year of the event.to kick off a painful recession that could further impact the survival of small businesses.

 

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You forgot to mention the D’s blocked it.

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Small-business loan program just hit its $350 billion cap and is now out of moneyThe emergency fund offered a lifeline to small businesses that have been shuttered or forced to lay off or furlough employees because of the coronavirus. Brasília / D.F./Brazil THERE IS A VIDEO ON THE YOUTUBE TITLE 'REVIEWS OF THE REPENTED BOLSOMINIONS' ABOUT VOTERS OF THIS CURRENT PRESIDENT OF BRAZIL JAIR BOLSONARO, THAT WINS STRENGTH !! What about the Corporate Bail outs Funny the money was there for them..
La source: NBCNews - 🏆 10. / 86 Lire la suite »

Small-business loan fund for coronavirus relief is set to run dry todayA $349-billion federal relief program for U.S. small businesses is expected to run out of money Wednesday afternoon, with many still waiting for a lifeline. Peanuts. Get your peanuts! This is awful
La source: latimes - 🏆 11. / 82 Lire la suite »