You might qualify for PPP and there's $130B left to claim this week - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

We translated the 3 most confusing PPP guidelines for entrepreneurs who might not know they qualify for the $130 billion the government still owes businesses

polled more than 7,300 business owners from its network of more than 5 million members across North America.

"If all of these unallocated funds actually went to the businesses that qualify for them, the U.S. small business economy would likely recover much more quickly," the report said. Nearly half of the minority business owners polled said they never applied for PPP loans — "I don't stand a chance," one business owner said.

Nearly one in seven small businesses in the US is minority owned, and Alignable calculated that if they enjoyed equal approval rates, roughly $17 billion in additional loans would have been made.Freelancers, solopreneurs, independent contractors, and gig workers constitute more than 80% of US small businesses, and nearly four in ten of those individuals did not apply for a PPP loan because they thought the program wasn't for them.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Foia

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facebook drops censorship tools for Workplace - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. So deleteFacbook Ohhhh you can’t because you love being in everyone’s business.... 😂
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump aired racist, misleading coronavirus claims at rally - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Can you imagine if a bunch of teens were the ones that forced Trump to resign? June 20- National teenager day!Teenagers... THE NEW SILENT MAJORITY!!! Tik Tok Trump... your time is running out... Tik Tok socialists. You have outed yourselves again. You have no logical argument for a single vote. Saying that the virus came from China, which it did, is racist?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump campaign claims 12,000 people attended Tulsa rally, official tally 6,200 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Fear is a strong emotion. Fear of the virus is very strong. The Tulsa fire department got it wrong. It's somewhere in between. Kayleigh will have the Trump spin tomorrow? What a bunch of losers
Source: BusinessInsider - 🏆 729. / 51 Read more »

COVID-19: Moving companies profit as tech workers leave Silicon Valley - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

SUCCESS INSIDER: Here's what we really need to dismantle systemic racism in the office - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Until 🧑🏾‍🦱👩🏽 understand how the 'system' REALLY works, we’ll ⭕️ the same drains again and again. Tis true. LuciferianAgenda 🔥👹🔥TraumaBasedMindControl SatanicRitualAbuse Must read 📚, found here:
Source: BusinessInsider - 🏆 729. / 51 Read more »