"Community banks have been responsive, and the larger banks are stepping up," President Donald Trump said Monday afternoon at a coronavirus task force briefing."Bank of America was right up there at the beginning. JPMorgan really came through. The community banks have been fantastic."It got off to a terrific startJennifer Kelly, an SBA spokeswoman, said that as of 9:30 a.m.
Some community and large banks have begun executing funds. But the bulk of the cash from the big banks, subject to tighter regulations implemented in the wake of the 2008 financial crisis, cannot be disbursed until the SBA has finalized some technical guidelines — shutting out the majority of eligible businesses.
"Right now it's just really a waiting game, and the experience has not been great," he said of the application process.
Medical masks can be mailed to Europe and America, please contact me. LINE ID: yzfz866
Blame Pelosi she keep stalking plus she gave The Kennedy Art Center $25 million why? Also she gave The National Art Institution $75 million why? So there is a lot of money the average American could have used but she wanted to get paid by the special interest groups
End the shutdowns! Social distance the elderly and unhealthy.
Dr Fauci would have your business stay closed for months until there were no new cases. Ridiculous.
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Big Banks Favor Certain Customers in $350 Billion Small-Business Loan ProgramThe big banks’ decision to focus on existing customers could hurt smaller and minority-owned businesses that are less likely to have accounts with them, as well as businesses in rural areas where they have fewer branches 'GET WELL SOON' Boris BorisJohnson was admitted to the hospital due to coronavirus I am shocked to hear billionaire big banks are going to screw over little people after receiving hundreds of billions of dollars in taxpayer money. Shocked, I tell you. We just need to pull ourselves up by our bootstraps, or whatever. Why don't these banks ever bail us out? This a method to hurt the small minority owned business I have a Contracting firm. I know do a story on me A New World Contracting Co.
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »
Big Restaurant, Hotel Chains Won Exemption to Get Small Business LoansWhile the new $350 billion Paycheck Protection Program is aimed at businesses with 500 or fewer employees, big restaurant and hotel chains can participate regardless of how many people they employ. So small business will be crowded out They’ll get the majority of the $350 billion while small businesses get scraps. The Democrats are to bust trying to make sure the Trump Organization does not get any money, but they fail to realize Trumps family business is one of the largest, greatest and most beautiful organizations in all of the world. They enjoy many great, smart and beautiful people.
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »
Google and Facebook will offer small businesses ad credits and grants - Business InsiderGoogle and Facebook will offer small businesses who advertise with them, and some news publishers, some relief in the form of ad credits and grants. I feel like it’s also a way to help prevent ad pricing from falling (by increasing demand) while simultaneously getting a charity tax write off 😂
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »