Consider Borrowing from Community Lenders
which represents airlines and other transportation companies, local attractions, tourism bureaus and other parts of the industry -- released an economic analysis on Monday that said the sector is on track to lose 6.9 million jobs and $83 billion in revenue in April alone as a result of the pandemic.
Small Business Rescue: Not All States are Created Equal
Distribution of the first $248 billion of Small Business Administration coronavirus-relief loans has been uneven so far,estimates from Evercore ISI of eligible payrolls in each state show.
Many Small Businesses Shut Out of Relief Funds
Funds for the Small Business Administration’s $349 billion Paycheck Protection Program, or PPP has been exhausted; and funding also has lapsed for the Economic Injury Disaster Loan program, or EIDL, offering government loans and emergency grants of as much as $10,000.
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