Funding Exhausted for $350 Billion Small-Business Paycheck Protection Program

WASHINGTON—A $350 billion loan program for small businesses hurt by the coronavirus pandemic ran out of money Thursday morning as Republicans and Democrats continued to disagree over how to replenish the funds.

The Small Business Administration, which administers the new program, wrote a message on its website that it couldn’t accept new applications for the Paycheck Protection Program or enroll new lenders.

Democrats stalling again. Nancy says there is no demonstrated need for additional funds.

Invoking the Divine Feminine.Please rescue us .We surrender. narendramodi realDonaldTrump EmmanuelMacron AngelaMerkeICDU KremlinRussia AbeShinzo BarackObama ScottMorrisonMP COVID Covid_19 quarantine QuarantineLife StayAtHome StayHome Corona

Funding 'has been exhausted' because Trump distributed so much of that 'small business' aid to his big business cronies and his own properties (after firing the inspector general).

Thanks to the Dems blocking additional $$$

America is appalled that Pelosi sells chocolate ice cream from her $24K refrigerator, while refusing to help 50% of the economy (small business). Everyone is asking, “Who owns her?”

Blame Aunt Nancy! She's too busy appearing on late night talk showing us her expensive refrigerators filled with chocolate ice cream she had delivered!! Geez!!

why did Harvard get 40 million in that program for small businesses

Meanwhile, Pelosi sits in one of her mansions eating ice cream out of her $12,000 refrigerator. PelosiHatesAmericans

Thanks Democrats!

RuthsChris got 20 million alone. Small business huh. Real nice.

My small business has received nothing. It ran dry before any funding was available. So many are in my position. I dont care who is at fault, those who have not received should be at the head if the line. Not others wanting even more!!

Lowlife Pelosi and all her rich beaches could care less about the struggling small business people. She wants to bury them/US. She has so much hatred in her heart,that it’s hard to believe.Her actions show her lack of concern,as long as her $25000 fridge is loaded,she’s A OK.🤮🤮

Thanks Dems

Call nanshy pelosi.

someone explain how multi-national restaurants and hotel chains were able to get loans for each property when small businesses could not get money. Its an exemption that Republicans put in the final draft of the bill. allows each Ruth Chris property to file for a loan. SMH

Nancy Pelosi is busy....

Harvard got 9 million. They have an endowment of 40 BILLION .

To who

I'm curious to know how many small bizs actually got money. WellsFargo emailed me asking if I was interested in the program & 3 days later I got an email basically thanking me for my interest .... saying 🤬you, go elsewhere.. and now the program is out of money. I hate it here😑

Congress needs to pass the supplementary funds ASAP or businesses will be forced to reopen regardless of the ramifications.

I have a great idea. Lets take it from Congressional and government pay!

No more bail outs! This virus is not even as bad as the flu. More to it than what we see.EnoughIsEnough

That’s because entities like Harvard got $9million

Once again the Senate Democrats are holding up this critically needed relief because once again they want ADDITIONAL PORK in this bill which is what they got in the previous one. There aren't words adequate enough to describe them.

Please investigate and report if any trump related or Kushner related people or businesses or any congressional related people or businesses or any local governmental employee people or businesses received

'Talks'? Great journalism. Talks as in Republicans trying to add funds and Dems refusing/trying to blackmail Republicans into adding whatever the dems want. Hold tough Republicans!

NeverTrumpers

You can not print money forever ..

WHERE THE FUCK IS MINE?

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Small-Business Aid Program Set to Run Out of Money Later TodayA small-business loan program at the center of a partisan standoff among congressional lawmakers is expected to run out of money later Wednesday, according to a person familiar with the fund. While Chuck and Nancy showboat so Q1 small biz shutdowns simply pushed into Q2
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »

Trump adviser says it was easy for wife to get loan from coronavirus relief program - Business InsiderLarry Kudlow said it was easy for his wife to get a small business loan under the Paycheck Protection Program, which had a rocky rollout this month. Really? Even though they just reported it's out of money? Nice trick if so. have a look at what her business is. starts at 4.25min. and decide on your own if she needed that money.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Small business loans top $296 billion and could reach the program's limit by the end of WednesdaySmall business loans top $296 billion and could reach the program’s limit by the end of Wednesday Meanwhile Pelosi nowhere to be found JerrValtNews Thank Pelosi and Schumer for playing politics Who's getting the money? Not my small business that's totally shut down!
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »