WASHINGTON—Franchise companies that collectively provide jobs for hundreds of thousands of workers across the country are locked out of stimulus funding linked to the coronavirus pandemic because of how the Small Business Administration is interpreting the congressional relief package’s rules.
The affected businesses include commercial cleaners, home-repair companies, salons and other franchise operations that the SBA says aren’t eligible for Payroll Protection Program loans in Congress’s Cares Act because of the way the franchises...
Can’t elbow the big boys away from the money trough
Hmmm - so small business owners (franchisees) are not small business owners. I guess you have to own 20-30 McD’s or Dunkin’s to be “small”. POLITICIANS RUNNING SBA ARE SIMPLY STUPID!
InertAlien These are small independently owned businesses. Unacceptable!
And why the hell would this be?
Of course there was a catch.
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No signs of progress on small business aidYesterday, at the coronavirus briefing, we thought we had seen everything until Pastor Pence with the dark sunk in eyes came up and starting trying to get us to by the only used car on the lot with 200,000 miles on it. That guy is so fucking dramatic and phony. Senator Pelosi will have blood and bankruptcy on her hands. How is this corrupt individual not in prison? So disgusting Where is the House?
Källa: politico - 🏆 381. / 59 Läs mer »
Congress Won't Return Until May, As Talks Appear To Stall On Small Business AidThe schedule change, which followed the advice of health experts, comes as talks stalled on Republicans' push to boost funding for a small business program. If the fucking Senate isn't re-opening for business then why should the rest of America? Trump wants all Americans to go to work on May 1, but the Senate will re-open for business only on May 4th?! keith72504 Sure, take your time. Nothing urgent going on or anything. 😡
Källa: NPR - 🏆 96. / 63 Läs mer »
Senior House Democrat says talks continue on measure to boost small-business aidThe second-ranking Democrat in the House said Wednesday he remains hopeful an agreement on additional aid to small businesses can still be worked out on... Democrats are blocking desperately needed financial aid in their despicable attempt to force higher U.S. taxpayer funding for illegal aliens, abortion and infanticide. Democrat politicians and left-media are bigger enemies of the American people than coronavirus. 😂 they blocked it and delayed it. They haven’t done a thing this year.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
Small-Business Aid Program Set to Run Out of Money Later TodayA small-business loan program at the center of a partisan standoff among congressional lawmakers is expected to run out of money later Wednesday, according to a person familiar with the fund. While Chuck and Nancy showboat so Q1 small biz shutdowns simply pushed into Q2
Källa: WSJ - 🏆 98. / 63 Läs mer »