Small business owners go into survival mode as lawmakers debate economic relief

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The coronavirus pandemic is pummeling restaurants and bars — but many other small businesses, from beauty salons to day care centers, are also seeing dramatic falls in traffic as people hunker down. (1/5) NBCNewsThreads

applications for up to $2 million in relief loans at a low interest rate in states where businesses have already been hammered by the coronavirus.

"I applied for unemployment yesterday, but I have been looking for jobs all morning," Deaner told NBC News."My mom and I live paycheck to paycheck. If it lasts longer, we don't know what's going to happen."according "There is a lot changing right now," she said."I can't have any influence on this, but I can have influence on what I'm doing, and this is what I'm doing."

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:

 /  🏆 10. in NG
 

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

How much does pandemic insurance cost? Why don't small businesses have it? Even my 26 and 28 yr old says...'we figured this would have at some point'. So why did so many business owners fail to protect their staff and business? OPB OPBTOL

You have an impressive grasp of the obvious!

Then we help each other. This is our chance to set things right. Don't blow it please!

No shit.

Went to Home Depot looking for TP and paper towels, no luck, but the place was packed, I couldn’t get out of there fast enough. Is Home Depot really Essential right now?

Well I guess you should be able to get plenty of Booze 😜 to get dazed up.👍🤷

It’s what we have to do unfortunately

Hunker down. My butt! I'm going outside in the county.

We need testing ASAP

It’s not forever 🙏🏽

PANIC AND CRAP LEADERSHIP ARE PUMMELING RESTAURANTS AND BARS

I've seen more cars on the road during blizzards than I saw last night.

It’s nuts how easy is was to fear monger everyone into embracing no holds barred authoritarianism. Sad really. Over the virus that causes the common cold.

Uh .this is real

Smaller businesses don't have the cash runways of big companies such as Amazon or Starbucks to help them weather the storm, says Karen Harned, executive director of the National Federation of Independent Business. (2/5)

well ...... yeah, there's a highly contagious killer virus which causes one's lungs to stop processing oxygen into their bloodstreams causing them to drown in their own fluids, literally everywhere, so, yeah what else ya got for news round here

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Small business owners tapping into personal savings, 401(k)s and more amid coronavirus crisisRivera is among a handful of small business owners -- many of whom already operate on razor-thin margins -- who say they are entering times of unprecedented uncertainty. They also have a much, much better chance of being bailed out than their poorly paid employees do. WhiteHouse you need to lift all tax penalties for withdrawals EMERGENCY EMERGENCY URGENT All animal lovers are comparing and fighting dogs with each other. Let everyone share these people and let everyone hear our voices. give support.......
Source: ABC - 🏆 471. / 51 Read more »

AP PHOTOS: Small business falls victim to virusNEW YORK (AP) — The coronavirus delivered a pair of gut punches to Theodore Peck, owner of a coffee shop and bakery in Brooklyn. When his 8-year-old son came down with symptoms that prompted... Normally we’ve to dig through a politician’s past record, from years back to find some misstep or change of position to use against them in a campaign; realDonaldTrump lies everyday, big/small, even calling a deadly virus a hoax, costing lives & ruining an economy! What to do? Along with a few other people. Fyi pecksfood ,
Source: AP - 🏆 728. / 51 Read more »

A Mobile Canning Company Is Packaging Small Breweries’ Beer for Free During the COVID-19 OutbreakYesterday, the craft beer trade group the Brewers Association (BA) released the results of a survey that found 99 percent of the over 600 breweries…
Source: foodandwine - 🏆 366. / 59 Read more »