'Disastrous' situation as PPP loan system crashes

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.SRuhle on Paycheck Protection Program system issues: 'It wasn't just a glitch. This situation was disastrous.'

 

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SRuhle because they made businesses reapply. makes absolutely no sense. what a joke our government is. fails us on a daily basis.

SRuhle PPP was supposed to help families and small businesses. It appears that the 💰 is not going there. But you are rushing ppl back to work. No money for small businesses. So where is the money going.

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Stephanie Ruhle: PPP loan distribution was ‘disastrous,’ an ‘absolute failure’NBC News Business Correspondent Stephanie Ruhle says the execution of the new round of PPP loan distribution was ‘disastrous’ : “I spent my entire day talking with people who couldn’t get on the system … You know what happened with the system? It broke down.” SRuhle Check out my Gig on Fiverr: do Facebook marketing, Instagram marketing and manage ads SRuhle Tara Reade had the same problem but you can't say her name. SRuhle Talk about broken down...
Source: MSNBC - 🏆 469. / 51 Read more »

Even The LA Lakers Got A PPP Small Business LoanThe Los Angeles Lakers — one of the NBA's most profitable franchises — have returned money they received from a federal loan program intended for small companies. More than 200 public companies are still holding onto money from the program. Sure do love them little ma-&-pa NBA franchises. Publicly traded companies have shares they can issue or various other ways to raise money this whole PPP Small Business Loan program is a complete fraud joke corruption whatever federalreserve Where can we find a list of these public companies?
Source: NPR - 🏆 96. / 63 Read more »

L.A. Lakers qualified for an emergency PPP loan — why didn't nonprofits?Not only are nonprofits being skipped over by coronavirus-related aid, they have had to cancel valuable fundraising events because of social distancing lockdowns. LA Lakers is a small business now? WTF! Eat only vegetarian foods
Source: NBCNews - 🏆 10. / 86 Read more »

Los Angeles Lakers' small business PPP loan 'outrageous,' Mnuchin says - Business InsiderTreasury Secretary Mnuchin said on CNBC Tuesday that he's a big fan of the team, but not of it receiving a loan meant for small businesses. I don't think it's right that we make companies spend their reserves for a government decision to shut down the economy. This wasn't due to bad business practices. They should be entitled the same programs every other business is afforded. If notenough money that's on Congress. Man the players get more than that what they need that for? Absurd. Good job Lakers 👏🏽👏🏽👏🏽👏🏽
Source: BusinessInsider - 🏆 729. / 51 Read more »