‘Hampton Roads Business Weekly’ TV show debuts

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Even the unprecedented help from the Fed and Congress won’t be nearly sufficient for households and companies to weather a protracted downturn. And while those business owners have been digging via outdated data and making an attempt to decipher software nice print, different businesspeople with more refined operations received their paperwork in and commenced securing loans.

When mixed, businesses requesting between $1 million and $5 million account for forty six.5 % of the now-exhausted PPP budget. Local business house owners have been left stranded after the Small Business Association introduced their rescue mortgage program ran out of money on Thursday, April sixteen. While lenders acquired their PPP mortgage paperwork final week, with the expectation they disperse funds inside 10 business days of approval, final steerage on mortgage forgiveness is still pending for many who have already applied, Kommer stated. Long Island Business News The premier supply of Long Island news …