WASHINGTON—Franchise companies that collectively provide jobs for hundreds of thousands of workers across the country are locked out of stimulus funding linked to the coronavirus pandemic because of how the Small Business Administration is interpreting the congressional relief package’s rules.
The affected businesses include commercial cleaners, home-repair companies, salons and other franchise operations that the SBA says aren’t eligible for Payroll Protection Program loans in Congress’s Cares Act because of the way the franchises...
Can’t elbow the big boys away from the money trough
Hmmm - so small business owners (franchisees) are not small business owners. I guess you have to own 20-30 McD’s or Dunkin’s to be “small”. POLITICIANS RUNNING SBA ARE SIMPLY STUPID!
InertAlien These are small independently owned businesses. Unacceptable!
And why the hell would this be?
Of course there was a catch.
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