Congress created the program to channel aid to struggling small businesses through government-backed loans that can be forgiven if employers maintain their payrolls.The administration relaunched the effort Monday with $320 billion in new funding that Congress approved last week after an initial $350 billion was exhausted April 16. The Small Business Administration, which is running the program, said that as of 1 p.m.
The SBA announced the policy Sunday as it prepared for a deluge of hundreds of thousands of applications, which threatened to overwhelm its already unstable systems with unprecedented demand. Banks went along with the policy, despite earlier preparations they had made to enter loans into the SBA's system.
Up is down, down is up. The emperor has clothes.
Amazing... sure. I kept all my employees off of unemployment, paying full time salaries, waiting on PPP. Only to find billionaires and big companies dipping into the “small” business pool while I’m out in the cold. Bullshit.
Yeah he's terrible at everything. Virus is his fault, he told people to drink bleach, inject disinfectant, lies about 32,000 times a day, thinks he's King and then there's the Russian collusion thing and don't even get me started on all the people who died, more than Vietnam...
Amazing trump's family kingdom like n.korea KIM's. CRAZY BABYTALKER TRUMP IS Sooooo much more disgraceful 4 US.
Subterfuge, control the narrative, look over there
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