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The Paycheck Protection Program and other federal efforts largely neglected them, a survey commissioned by two equal-rights groups found.
APPARENTLY YOU CAN’T FIX STUPID-MORETRMP FAILURE.
500 business owners and 1,200 workers from April 30 to last Monday. Just 12% of the owners who applied for aid from the Small Business Administration — most of them seeking loans in the $650 billion paycheck program — reported receiving what they had asked for, while 26% said they had received only a fraction of what they had requested. Nearly half of all owners said they anticipated having to permanently close in the next six months.
#Small busness Admintration#Pay check Protetion Program#500 busness owners and 1200 worker#minority recipients of PPP#Trump#business recovery after Covid 19#neearly half of all owners anticipted haveing to close in 6 months
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