How to fix the failed small business loan program - Business Insider

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Opinion | Congress' small business loan program failed those who needed it most. Here's how to fix it. By lexir, Megan Niedermeyer, and Jeanette Quick of GustoHQ

We need a "whole of government" approach to small business relief, and for the Treasury to play a bigger role in providing direct relief to small businesses through grants and stimulus.

Additionally, many small businesses have other fixed expenses that are essential to their operations, but are ineligible under PPP forgiveness rules. We believe that to save small businesses, the aid provided must include payroll and employees' livelihoods first and foremost, but also extend beyond payroll needs and include coverage for other critical business costs.Finally, more direct stimulus is needed immediately.

These business owners and the millions of people they employ are fighting to access vital aid, but have yet to receive a fair shot. Megan Niedermeyer is Head of Legal & Compliance at Gusto. She has over a decade of experience helping organizations effect positive change and has provided legal counsel to companies large and small.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

lexir GustoHQ It was designed to fail or in the alternative it was a scam

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Face it, no one in Washington wants to fix the small business loan program - Business InsiderNo one in Washington will stop big corporations with plenty of access to cash from taking money meant for small businesses. They must not want to.
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Small-business loan program restarts Monday with fresh hopes and $320 billionThe U.S. Small Business Administration will restart a government coronavirus relief loan program for small businesses next week with an additional $320 billion. 0 $ don't west your time if u have 0 $ you can make 500$ OR 1000$.. 5000 $ for real for real go to and make money time is gold great Bot in telegram let's go guys And what is the loophole that will allow corporations to line their pockets this time? But how long will that money last? 🤔
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Former SBA employees: Why it's hard for small businesses to get loans - Business Insider'Companies that need the money can't get it:' Former Small Business Administration officials say that the disaster loan application process has always been stacked against small businesses
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Publice companies got $550M of loans intended for 'small businesses' - Business InsiderAshford Hospitality Trust claimed the largest PPP loan — $30.1 million — followed by Meritage Hospitality Group, which claimed $29.1 million. Maybe the owners are Ugandans. 😂😂😂😂 The way Western media can brand us as professional corrupt people, now you know, universality 🐷🐷🐷🐷🐷 Scroll their names at bottom of tv screen 📺
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