NYC — Speed is of this essence if your federal relief system for smaller businesses will probably be effective in fighting the destruction wrought by the coronavirus lockdowns.
Yet, times in to the system, numerous principal Street companies are nevertheless awaiting the money infusion required to remain alive. Other people state they will haven’t also had the opportunity to apply for loans under what is called the Paycheck Protection Program.
The problems add the technical into the bureaucratic, even though small company management claims it offers corrected those on its end.
Here are a few concerns and responses in regards to the snags the program faces, and exactly just just what choices owners have actually:…Read more