Independent businesses struggle to survive as federal government fails to deliver payroll protection loans.
Many smaller customers, on the other hand, were left trying to input the documents themselves, the person said. In an email to clients, a JPMorgan executive said the bank unit that serves smaller firms received applications from more than 75,000 clients in the program’s first hour on April 3, and that the number grew significantly the following days.“We had more than 2,000 Chase employees work over that weekend to review these forms, contact as many people as possible, and help position them to complete their application,” said Jennifer Roberts, chief executive of the unit, Chase Business Banking.
Suprise ,Suprise !! 😃😉
The smaller banks were much more efficient getting this money to smal businesses...I wonder if government works the same way?
There is no end to the greed. It's astonishing. And very, very sad.
Get That boost you need, Stay on top!!
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Big banks accused of favoring more lucrative small business loans in coronavirus programFour of America's biggest banks have been accused of harming thousands of coronavirus-hit small businesses by unfairly prioritizing emergency loan requests from large customers to earn fatter fees No... Anyone at all surprised that WellsFargo is in the mix yet again for doing the wrong thing? Is anyone surprised?
출처: CNN - 🏆 4. / 95 더 많은 것을 읽으십시오 »
Congress expected to announce deal on latest coronvirus relief, small business loansSenate Minority Leader Schumer says lawmakers have reached a deal with the White House on a nearly $500B interim coronavirus bill that includes additional funds for the small business loan program as well as more money for hospitals and testing. Save most of it for Georgia, I give them 3 weeks to abandon their new life. 🍑🍑🍑🍑🍑 Anything for people? Like Canada... possible expansion of the snap program?
출처: MSNBC - 🏆 469. / 51 더 많은 것을 읽으십시오 »
Coronavirus economic updates: Personal info of nearly 8,000 small business loans applicants exposed on SBA websiteJUST IN: The personal information of nearly 8,000 Economic Injury Disaster Loan applicants was potentially exposed to other applicants on the SBA's website, the Small Business Administration confirms. This is indecent exposure for sure Educate yourself.....!!! More incompetence from this administration
출처: ABC - 🏆 471. / 51 더 많은 것을 읽으십시오 »