Demand for Small Business Loans Cools

  • 📰 WSJ
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Nearly two weeks after the government relaunched its small business aid program, more than 40% of the money is still available

WASHINGTON—When the federal government relaunched its small business aid program on April 27 with an additional $310 billion, lenders and business advocates warned the money would dry up within a few days.

Nearly two weeks later, more than 40% of the money remains available, according to figures released late Thursday by the Small Business Administration, even as small businesses continue to suffer from the fallout of the coronavirus pandemic.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 98. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

But unable to reach those who need it.

Maybe their too scared 2 take it. I'm not but yes i could definitely b more comftorbull, i know that 4 fact & yes im ruthless 4 doing it but i call the shots & im wrong i know. It didnt take a lot of work 2 get over but i think it took me more work 2 do it & hold it in memory

But as of yesterday, the SBA website was only accepting EIDL from agricultural businesses. They need to reopen it for all businesses.

Keyword: loan. Many don't want to be in debt. They will just close.

Pretty sure they're dragging their feet while trying to find another way to feed their big-business pigs, after bullshit was called on where the money had actually been going.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Small business owners in hardest-hit states were less likely to get relief loans, study showsSmall businesses in states hardest hit by the coronavirus -- including New York, New Jersey, Michigan and Pennsylvania -- were less likely to get federal coronavirus relief loans than less-affected states in other parts of the US, according to research from economists at the Federal Reserve Bank of New York. What's really amazing is the 'small businesses' that got the relief loans WERE LARGE COMPANIES NOT THE MOM AND POPS that are really struggling to stay afloat we need to know who the institutions in charge of disbursement are so we can hold them ACCOUNTABLE
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »

No More PPP Loans to Big Business, State Attorneys DemandThe state attorneys believe as much as $154 billion of the first round of loans went to large businesses.
Fonte: wwd - 🏆 24. / 68 Consulte Mais informação »

11 Incredible Small Asian-Owned Business To Support Right Now!Those shopping carts won't fill themselves. City Wok
Fonte: BuzzFeed - 🏆 730. / 51 Consulte Mais informação »

Lloyd Blankfein says big companies should be 'very reluctant' to tap small business relief programBlankfein may be speaking from experience: Goldman took $10 billion from the Treasury's Troubled Asset Relief Program in October 2008. Agreed Now interview a family who lost a family member. 'Please don't be as corrupt as the government will allow' LateStageCapitalism
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Virtual babysitters see spike in demand, can earn up to $48 per hour: report - Business InsiderVirtual babysitters are seeing a sharp increase in demand during the coronavirus outbreak, and they can reportedly make up to $48 per hour Bruh, Instagram live will do this for free. What? This can’t be real.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Largest mobile soup kitchen in US overwhelmed with 50% spike in demand - Business InsiderFood programs have become vital as more than half a million New Yorkers have lost their jobs during the health crisis.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »