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Chow utilized for the Small Business Administration’s disaster mortgage assistance the primary week it was out there. She hasn’t heard again about it at all, and reaching somebody at the company seems unlikely. “Most applicants of the (Economic Injury Disaster Loan) have yet to receive an replace on the statuses of their software, and no small businesses have received the mortgage or the emergency grant,” the federation reported. Small businesses had been also informed they will faucet into the Economic Injury Disaster Loan program, which was created to quickly distribute loans of $10,000 to companies.

Access the breadth of our coronavirus protection, together with present information, a brand new weekly webinar series, and skilled forecasts and evaluation into what’s subsequent for our international marketplace. At the urging of Congress, Iowa and plenty of other states announced final month they would not depend coronavirus-related layoffs against companies. But final week, Townsend …