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.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

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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