How Will the Lack of Funding for the Paycheck Protection Program Affect You?
The SBA announced that due to funding issues it would no longer be accepting applications for loans through the Paycheck Protection Program. business.com wants to hear from community members who applied for a loan or were thinking about applying for a loan through the program about how it impacts you.
Feel free to respond to this question, message me directly, or email email@example.com to discuss.
Our long-time bank, Commercial, strung US along with hope that they would be able to accept PPP loan applications any day now. Then funding ran out. We did what was requested of us, held on to our workers. Sent many home and paying them for 40 hours. Without this financial assistance, we will no survive. We have 30 employees and service the critical mfg supply line.