Small business owners can apply for loans from $349 billion Payroll Protection Program starting Friday

From CNN's Michael Nedelman

Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, said he would"lean towards" recommending that the general public wear face masks"if we do not have the problem of taking away masks from the health care workers who need them.”Fauci told CNN’s Dr. Sanjay Gupta that face masks would be a"subject of conversation" at a White House briefing later that day.

"Particularly now that we're getting some inklings that there's transmission of infection from an asymptomatic person who is not coughing, who is not sneezing, who just appears well. Well, then how do you think that's happening?" Fauci said."It very well could be aerosol. Maybe not aerosol, you know, that goes on for hours. But even the slight aerosol in which you're talking to somebody.

Despite a lack of conclusive evidence that masks prevent transmission of respiratory diseases, some experts have argued that non-medical fabric masks might make a dent in transmission risk. Throughout the pandemic so far, the World Health Organization and US Centers for Disease Control and Prevention have advised against the general public's use of masks unless they are already sick.At yesterday's White House Task Force briefing, President Trump said,"We are not going to be wearing masks forever, but it could be for a short period of time after we get back into gear. I could see something like that happening for a period of time.

Marginal small businesses should not be taking on more debt going in to a period of uncertainty .... especially if they have to personally guarantee this debt!

I'm too nervous that releasing loans to small businesses now is too early without necessarily assessing the face direction of overall response to COVID-19 combat measures could be counterproductive risky in jumpstarting the economy, otherwise, a 2nd stimulus

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Who Is Eligible For Small Business Loans In The Economic Stimulus Package?The law provides clear guidelines on what small businesses are eligible, and what their loans will look like.
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