Demand for Small Business Loans Cools

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Nearly two weeks after the government relaunched its small business aid program, more than 40% of the money is still available

WASHINGTON—When the federal government relaunched its small business aid program on April 27 with an additional $310 billion, lenders and business advocates warned the money would dry up within a few days.

Nearly two weeks later, more than 40% of the money remains available, according to figures released late Thursday by the Small Business Administration, even as small businesses continue to suffer from the fallout of the coronavirus pandemic.

 

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But unable to reach those who need it.

Maybe their too scared 2 take it. I'm not but yes i could definitely b more comftorbull, i know that 4 fact & yes im ruthless 4 doing it but i call the shots & im wrong i know. It didnt take a lot of work 2 get over but i think it took me more work 2 do it & hold it in memory

But as of yesterday, the SBA website was only accepting EIDL from agricultural businesses. They need to reopen it for all businesses.

Keyword: loan. Many don't want to be in debt. They will just close.

Pretty sure they're dragging their feet while trying to find another way to feed their big-business pigs, after bullshit was called on where the money had actually been going.

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