But for many small business owners, that glimmer of hope was quickly tapered by a reminder of their own experiences. After weeks of wringing their options dry as they tried to secure a loan at the same time as 1.
While waiting for news about his PPP application, Nick Pinton, who owns a fashion production company in Manhattan, started Fashion to the Frontlines with others in the fashion industry to donate cloth masks to health care professionals.If he doesn't receive a loan by May 1, he plans to furlough himself and his one employee.
For much of the last month, Ponton has searched high and low to find a bank that would process his application. He initially went to his own bank, Bank of America, but was told they were only able to review applications from customers that"We have played by the rules for a decade and the once in a million times that we need this ... you're told that your healthy business can't be serviced, because they're only giving money to people that owe them money," Ponton said.
Source: News Formal (newsformal.com)
If you deserved one, you got one. Til the money dries up. So suck a d!!k
How is the money from Ruth's Chris, Shake shack, others getting funneled back into the fund?
why are they going further into debt. when their employees can make out like bandits on unemployment.
With restrictions in place, who is going to visit these small businesses?
it's so sad but there's no other way to fight this situation other than going along with lock till the end
Heavy financial and human losses were inflicted on the Saudi aggressors in Yemen, and a number of their forces were killed and wounded. Yemen yemenis SaudiArabia Saudi
No luck here.
Yeah, thanks for bailing us out with more debt, congress. Enjoy that month-long vacation.
It’s a disappointing fail, rolled out without any planning. My application has been in limbo for almost a month. But hey, you pay your taxes one day past April 15 and they come knocking for penalty fees right away. 🤷🏻♂️
If the money don't come honey PPP and unemployment ya gotta get your ass back to your 7.25 hour job. THIS IS THE MONEY HOLD UP. AND WAKE UP
If the population of the US is under 400 million people. Why not send a stimulus check of a million dollars to each and every American. Wouldn’t that help every American better then trillions of dollars to corporate America.
And again, the banks will profit billions from fees, and major corporations will swipe money from small businesses that employ the hardworking men & women that are the backbone, legs, heart, & soul of the economy.
Another well run government massive bloated garbage program going no where .. we can’t buy our way out of the beef and broccoli flu
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