Small Business Loans Site Crashes On 1st Day Of Reopening

  • 📰 NPR
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Bankers have been piling up Paycheck Protection Program applications for small businesses since April 16, when the loan fund ran out of money. It reopened today after Congress added $321 million, but no one can file because the website keeps crashing.

Banks reported struggling to get through to the Small Business Administration on Monday to enter loan application information to the newly replenished small business relief program.Olivier Douliery/AFP via Getty Images

On the first day of the reopened Paycheck Protection Program, a key lifeline from Congress, banks are reporting that the Small Business Administration's portal is not working.

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:

 /  🏆 96. in UK
 

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

This is how Republican government works: It doesn't. 40 years since Reagan said that the worst words imaginable were 'I'm from the government and I'm here to help' and Trump-Pence are making deadly sure that's true.

gop potus gop senate gop governor , gop mayor gop county commissioners web sites down gulf of mexico closed gop bra on a rooster dnc might still come in 2 nd something ain't right copeland worth 750,000,000

There’s.a.tweet.for.everything....

Please please please let my application get through this round. I submitted to my bank the first day they were accepting applications but they didn’t process it before the program ran out of money.

nprpolitics I have a bunch of church thieves or a dinner thieves the Church of God of basehor Kansas a woman died had a trust and left me everything she had because I was the only one that would help whenever they were in need this dinner thieves that were in the trust are withholding every

That can't be! Our Country is Perfect and Bigly. Someone said so.

nprpolitics Sorry small businesses, you're expendable. Just like healthcare workers.

nprpolitics Wtf

Those shit heads shouldn’t be able to keep the money they made of the application fees.

Bankers get 6% of every loan they make. How is this allowed?

Fake news. Filled out 3 today

Surprised; of course not. XD

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

US issues new guidance for small business loans, pressures public companies to return fundsThe update comes after a public furor that large companies tapped the facility for hundreds of millions of dollars while thousands of small businesses have yet to receive funding. Chuckle. Yea, now that they got caught doing otherwise. Congress members will get rich through this government control
Source: CNBC - 🏆 12. / 72 Read more »

Public companies took far more small business loans than first thought — here's the latest tallyData from FactSquared, a Washington D.C.-based data analytics firm, shows the full extent that public companies successfully navigated emergency funding. Damn, well the trough was open, and nobody was put in the filter gates so of course the biggest crowded out the smaller businesses. Wow... who woulda thought. Only a medical stable genius uses sarcasm while saving his people after 50,000 deaths from a pandemic.
Source: CNBC - 🏆 12. / 72 Read more »

Pelosi, Schumer demand small business carve-out as SBA restrains loansNancy Pelosi and Chuck Schumer are pressing the Trump administration to set aside at least $10 billion in small business rescue money for minority banks and other community lenders God fucking forbid the banks ain't taken care ... Since when did she and her left wing agenda ever want to support small business’s All she is doing is scoring political points. You can not trust a word that comes out of her mouth Keep fighting!!!
Source: politico - 🏆 381. / 59 Read more »