WASHINGTON—The House approved a bipartisan bill that would loosen requirements on hundreds of billions of dollars in small-business loans, responding to concerns from employers struggling to stay open during the coronavirus pandemic.
The House bill reduces the level of Paycheck Protection Program funds that must be used for payroll to 60% from 75%. The bill also gives borrowers up to 24 weeks to use the funds, up from the eight set in the initial bill passed in March, and extends the deadline to rehire workers to Dec. 31.
THE NEEDY SMALL ENTREPRENEURS ARE TAKEN CARE OFF. MOST OF THE LOANS GIVEN TO SMALL ENTREPRENEURS ARE SECURED WITH REPAYMENT COMMITMENT WITH HONESTY AND SINCERITY. MAJORITY OF LOANS GIVEN TO SMALL BUSINESSES ARE FULLY SECURED WITH PERSONAL ASSETS, COLLATERAL GUARANTEES, ASSETS.
s/b relaxes. Free editorial advice
Small Business is the most powerful, entrepreneur and employer in America. Made the economy open. Was the most forgotten business for Banks loans PPP. Good. I hope reconsider. Financial business and Country Economics, same times do not go together.
Yeah so this pretty much equates to the companies that followed the original rules being punished and the companies who sat on the money and didn't use it to keep people employed as instructed getting bonus time and ways to spend the money. toolittletoolate
When did California sign up for the “3/4 Compromise”? Alabama, Georgia, SC, NC, Tennessee, Kentucky 40 million people 68 ELECTORAL VOTES California 40 million people 55 electoral votes In CA are you only 3/4 a person? AMERICANS FOR FAIR REPRESENTATION affr
I think that it's a case of , 'too little too late', for the most part.
I know the tea party, the sleeping giant is going nuts. Oh wait! The Black President is gone. My bad. ☺️
So who got the Trillions that have already been given out ?
This is more reasonable.
$NAK for free money. Invest!
Printing money
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