Sooner Politics.org
  • Front Page
  • Oklahoma News
    • Oklahoma Reports
    • Oklahoma Center Square
    • AP Wire
    • NewsBreak Oklahoma
    • Oklahoma Almanac
    • Trump Tweets
    • Muskogee Now
    • Capitol Beat
    • Faked Out Sports
    • OSU Sports
  • SoonerPolitics TV
  • Legislative Watch
    • Legislative Scores
    • Right To Arms
    • Okla. Medical Marijuana Law
    • Congressional Tweets
    • Kevin Stitt
    • Lawmaker's Journal
  • Editorial
    • From the Editor
    • Weekend Report
    • 3D Politics
    • On This Date
  • Sooner Issues
    • State Groups
  • Sooner Analysts
    • OCPA
    • Pat Campbell
    • Muskogee Politico
    • 1889 Institute
    • Constitutional Grounds
    • E PLURIBUS OTAP
    • Steve Byas
    • Everett Piper
    • Michael Bates
    • Steve Fair
    • Andrew Spiropoulos
    • AircraftSparky
    • Corruption Chronicle
    • OCPAC
    • Josh Lewis
    • Sooner Tea Party
    • Red River TV
    • Tapp's Common Sense
    • Me, Myself, & Liberty
    • Nigel O'mally
    • Cut The Crap
    • KOKC
  • Nation
    • Breitbart News
    • Rush Limbaugh
    • Daily wire
    • Steven Crowder
    • InfoWars News
    • The F1rst
    • NewsMax
    • America's Voice
    • Ron Paul Institute
    • Bill Gertz
    • D i s r n
    • Just the News
    • Trey Gowdy
    • Fox Politics
    • National Commentary
  • Wit & Whimsy
    • Terrence Williams
    • Witty Cartoons
    • Will Rogers Said
    • Repository of Pith
    • Dubiosity
    • Steeple Chasers
    • The Partisan
    • Satire
    • New Media Guide
  • SoonerPolitics.org
    • Masthead

New round of small business relief hits web troubles

4/28/2020

0 Comments

 


Lenders across the U.S. reported a second straight day of computer glitches as they tried to secure small business loans under the government's Paycheck Protection Program, as small business owners around the nation were left hoping they would be able to access some of the over $300 billion in aid approved last week by Congress and the President. 'I applied on the first round and nothing,' said Eric Parkhill, who runs a medical firm in North Carolina. 'Hoping for the best,' said Kimberly Gaddis, who owns a legal firm in Atlanta, Georgia, with six employees. But with many interested businesses and lenders, the computer system for the Small Business Administration was swamped on Monday - and again on Tuesday morning. 'I heard there was a glitch,' President Trump said on Monday. And even if lenders and business owners are successful in getting through the system, lawmakers say the extra $320 billion in funds made available by the Congress last week are unlikely to last very long. 'The demand for PPP loans far exceeds the supply of dollars,' Sen. Marco Rubio (R-FL) said Tuesday on Fox Business. 'I just want to be frank and honest about it.' There was also more controversy over who was getting the federal relief aid, as Treasury Secretary Steven Mnuchin joined a chorus of voices in blasting the idea that the Los Angeles Lakers of the NBA would get money meant for small businesses. “Any loan for over $2 million will have a full review,” Mnuchin vowed at the White House on Tuesday, as he acknowledged criticism about small business aid going to the NBA and other larger firms like Ruth's Chris Steak House, Shake Shack, and other big restaurant chains - even though some of those companies ultimately returned the aid.. 'It sure would be nice to get some assistance even if I am not a multi million dollar corporation,' said Kevin Cheek, who runs a cabinet refinishing business in Atlanta. 'We are hoping that we will hear something positive now that the funds have been replenished,' said Betsy Goldsberry Ball, who runs a European travel group. 'If I don’t get help soon, I will have to shut my business down within the next few weeks,' said Bruce McGehee, who runs a national lodging business that caters to airline pilots and flight attendants. Others were resigned to the fact that they just weren't going to get help from the feds. 'My situation should be the definition of a 'small business' yet we fall through the cracks and get NO help at all,' said Eddie Bruce, who runs the RocknShop music store in Cartersville, Georgia. Maybe the only silver lining for Bruce - is that he's re-opening his store for limited hours this week.


(Feed generated with FetchRSS)
- April 28, 2020 at 06:38PM
New round of small business relief hits web troubles
Click on this headline to read the full story at Jamie Dupree - Washington Insider
0 Comments



Leave a Reply.

    Picture

      Jamie Dupree  

      Jamie Dupree is the Washington Bureau Chief for Cox Communications. He writes and produces radio reports with the aid of digital reconstructions of the voice he lost in 2012..

    Picture

    Archives

    July 2020
    June 2020
    May 2020
    April 2020

    Categories

    All

    RSS Feed

​FRONT PAGE •  OKLAHOMA NEWS • EDITORIAL • SOONER ISSUES •​ STATE GROUPS •​ SOONER ANALYSTS •​ LAWMAKER'S JOURNAL •​ NATION •​ NATIONAL COMMENTARY •​ CARTOONS •​ ​
Picture

918 . 928 . 7776

 SoonerPolitics.org is committed to informing & mobilizing conservative Oklahomans for civic reform & restored liberty. We seeks to utilize the efforts of all cooperative facets of the Conservative movement... Content of the diverse columns are solely at the discretion of the dozens of websites who create the content.   David Van Risseghem  is the founder of this platform.
 Sooner Politics News is a platform, not a media site. All our bloggers get their feeds promoted regardless of content. As soon as We suppress or delete even one posting, we become an endorser of whatever We didn't censor..The publisher doesn't (and could not) logically agree with all the content, so we would not expect any rational reader to agree, either. What we do hope, is that readers will think for themselves, and at least be better informed of the issues, events, and values that our citizen journalists work hard to provide for free.. We automate much of the tasks so that our sources' content gets as much exposure as possible. We encourage constructive discussion & debate. The solution is more free speech, not less.​

  • Front Page
  • Oklahoma News
    • Oklahoma Reports
    • Oklahoma Center Square
    • AP Wire
    • NewsBreak Oklahoma
    • Oklahoma Almanac
    • Trump Tweets
    • Muskogee Now
    • Capitol Beat
    • Faked Out Sports
    • OSU Sports
  • SoonerPolitics TV
  • Legislative Watch
    • Legislative Scores
    • Right To Arms
    • Okla. Medical Marijuana Law
    • Congressional Tweets
    • Kevin Stitt
    • Lawmaker's Journal
  • Editorial
    • From the Editor
    • Weekend Report
    • 3D Politics
    • On This Date
  • Sooner Issues
    • State Groups
  • Sooner Analysts
    • OCPA
    • Pat Campbell
    • Muskogee Politico
    • 1889 Institute
    • Constitutional Grounds
    • E PLURIBUS OTAP
    • Steve Byas
    • Everett Piper
    • Michael Bates
    • Steve Fair
    • Andrew Spiropoulos
    • AircraftSparky
    • Corruption Chronicle
    • OCPAC
    • Josh Lewis
    • Sooner Tea Party
    • Red River TV
    • Tapp's Common Sense
    • Me, Myself, & Liberty
    • Nigel O'mally
    • Cut The Crap
    • KOKC
  • Nation
    • Breitbart News
    • Rush Limbaugh
    • Daily wire
    • Steven Crowder
    • InfoWars News
    • The F1rst
    • NewsMax
    • America's Voice
    • Ron Paul Institute
    • Bill Gertz
    • D i s r n
    • Just the News
    • Trey Gowdy
    • Fox Politics
    • National Commentary
  • Wit & Whimsy
    • Terrence Williams
    • Witty Cartoons
    • Will Rogers Said
    • Repository of Pith
    • Dubiosity
    • Steeple Chasers
    • The Partisan
    • Satire
    • New Media Guide
  • SoonerPolitics.org
    • Masthead