A housing association representing the richest zip code in America was approved to receive a $2 million emergency coronavirus relief loan from the Small Business Administration, despite suffering no layoffs and no apparent financial impact from the coronavirus pandemic.
The association is responsible for maintaining the 216 acres of grounds and beaches, plus the common areas and swimming pools and 18 tennis courts for the island's 800 families. Ana Tinsly, a spokesperson for public services union SEIU Florida, said earlier this week that she was not aware of any layoffs.
After names of publicly traded companies which had received funds started making headlines, Secretary of the Treasury Steven Mnuchin warned there would be penalties unless they gave the money back.
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Private haven for wealthy received $2M from small business loan programA housing association representing the richest zip code in America was approved to receive a $2M of emergency coronavirus relief from the small business loan program, despite suffering no layoffs and no apparent financial impact from the pandemic. What the hell--- FOLLOW THE MONEY, EACH TRUMP MOVEMENT. Question: What happens when congress approves money like this with zero oversight
Source: NBCNews - 🏆 10. / 86 Read more »
Private haven for wealthy received $2M from small business loan programA housing association representing the richest zip code in America was approved to receive a $2M of emergency coronavirus relief from the small business loan program, despite suffering no layoffs and no apparent financial impact from the pandemic. What the hell--- FOLLOW THE MONEY, EACH TRUMP MOVEMENT. Question: What happens when congress approves money like this with zero oversight
Source: NBCNews - 🏆 10. / 86 Read more »
Bank of America CEO calls for Congress to 'fully fund' small business loan program: 'Just get the work done'Brian Moynihan said Congress should make sure the small business loan program is fully funded so that every business that qualifies can receive a loan. How about funding other smaller banks for loans instead of just the big 5. Midwest town businesses are dying from lack of help. Bastards. Bailouts should be considered wellfare. A damn bank that's supposed have to enough money to survive instead depends on bailouts. They're going to be even more reckless in the years to follow and Trump is just throwing money at the problem sending us further into debt. All bad... 😂😂😂😂, so he can give the money to big companies
Source: CNBC - 🏆 12. / 72 Read more »
Small-business loan program restarts Monday with fresh hopes and $320 billionThe U.S. Small Business Administration will restart a government coronavirus relief loan program for small businesses next week with an additional $320 billion. 0 $ don't west your time if u have 0 $ you can make 500$ OR 1000$.. 5000 $ for real for real go to and make money time is gold great Bot in telegram let's go guys And what is the loophole that will allow corporations to line their pockets this time? But how long will that money last? 🤔
Source: latimes - 🏆 11. / 82 Read more »
Coronavirus package falls short for lenders to Latino, minority businessesA non-profit lender has already received more than $1 billion in loan requests from small businesses — they usually loan under $30 million a year. NBCLatino Nice picture of an Irish pub. I miss my bartender 😩 NBCLatino Good times roll, maybe they need more staff? NBCLatino We're being lied to in all areas. Who should be in charge of the Corona Virus daily updates, the infectious disease experts or VP Pence? Please take Poll and feel free to comment if you like.
Source: NBCNews - 🏆 10. / 86 Read more »