Behind the scenes, conversations have begun with law enforcement partners around the country to ensure that the Small Business Administration's expansion of loans is disbursed to the people intended to receive the funding, according to a spokesman from the Office of the Inspector General.
Groups like the Chamber of Commerce and the National Federation of Independent Business are also educating their members about how to apply for the loans and instructing them on how to protect their assets from potential bad actors."It is a very scary and a real issue," said Tom Sullivan, the vice president of small business policy at the US Chamber of Commerce.
good luck with that. lets hope measures are taken.
The govt knows how to throw money at a problem.
Worse unemployment than the great depression, congress bailed out the elite & set families up for foreclosure. Who will be able to buy something to keep small biz alive?
Typical of this apathetic, cold, selfish President.
Yes, borrow money for an undetermined amount of time, while you continue to not work to be able to pay back the loan....maybe they will let you write another payday loan check.
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