The electronic system the Small Business Administration is using to set up new coronavirus loans was down much of Monday, according to senior banking executives, making it impossible for many new loans to be guaranteed.pay employees and keep their doors openThere are an estimated 30 million small businesses in America.
Customers wearing masks walk through the Dupont Circle Market in Washington, DC on April 5, 2020. - Small and medium-size US businesses have applied for more than $5.4 billion in government-backed loans as a key pillar of the country's coronavirus relief plan took effect, the Trump administration said.
When the system does work, banks say they experience major technical issues and access hurdles. Existing accounts had to be re-authorized and new ones created.Sign Up
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It is a shame that money ran out for small businesses after the money was used for large businesses that pay their executives millions. Many small companies didn't get a single dollar while keeping their employees in payroll making great sacrifices. Something is really wrong.
Yea this is shit. We had no problem filling out the form.
Unemployment sites, Restaurant worker relief sites all slowed to a halt due to extremely high volume of traffic
Medical masks can be mailed to Europe and America, please contact me. LINE ID: yzfz866
Have your brain dead reporters ask some real questions & get some real answers.
Kat_Missouri Bullshit. Maybe not use Internet Explorer?
Yet Trump lies saying everything is Incredibly going on well.
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The Small-Business Loan Program Crashed in the First Week It Was UpThe rollout of the $349 billion program is already causing headaches for the Trump administration. But we’ll never know more, because Trump thinks these re nasty questions.
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