‘Absolute chaos’ as businesses try to tap into rescue funds

April 13, 2020 Comments Off on ‘Absolute chaos’ as businesses try to tap into rescue funds

Desperate small business owners who hoped for a quick government lifeline to help them survive the coronavirus crisis are still without funds, instead battling red tape, wary banks and swamped computer systems. Thousands of owners who applied for loans under ...

Tagged with: coronavirus coronavirus business loans coronavirus news coronavirus pandemic Paycheck Protection Program SBA Small Business Administration Trump coronavirus

Q&A: How to get aid for a small business hit by virus crisis

April 2, 2020 Comments Off on Q&A: How to get aid for a small business hit by virus crisis

Millions of small business owners will be turning to the government, seeking help for an individual and nationwide cataclysm, the economic devastation caused by the coronavirus outbreak. The government says it will begin disbursing loan money to company owners and ...

Tagged with: coronavirus coronavirus business loans coronavirus economy impact coronavirus news coronavirus outbreak coronavirus pandemic