‘I’m really worried I will have to shut down.’ N.J. small businesses desperate for federal loans.
Smith applied for a loan under the government’s program to help small businesses hammered by the crisis. The window for lenders to apply for loans reopens at 10:30 a.m. Monday, the Small Business Administration said. The federal money, Smith said, could help sustain his business though the end of the summer. The Small Business Administration loan may buy her two more months, she said, “maybe three.”
help small program
GoogleRelated Articles
Pelosi, Khanna express concerns over startups potentially excluded from SBA loans
"For these small businesses, as for many others across America, access to forgivable PPP loans will be critical to preserving jobs during the coronavirus pandemic and to securing American's leadership in science, technology and innovation," Pelosi and Khanna wrote in a letter to Treasury Secretary Steve Mnuchin and the SBA.
small pelosi sba
Google
Governments to bail out coronavirus-hit airlines on verge of bankruptcy
Following emergency bailout programs from the governments of Sweden and Denmark to support national airlines with 300 million USD in loan guarantees, Australia and Taiwan have joined the growing list of world governments who are taking measures to bail out airlines on the verge of bankruptcy due to the coronavirus pandemic, with Australia refunding and waiving charges to domestic airlines and Taiwan approving subsidies and loans for its airlines.
australia emergency government domestic national denmark refund sweden bailout program taiwan loan airlines bankruptcy subsidy
Reuters