Tag Archives: forgivable loans

How do you apply for small business funds from stimulus package?

Small businesses around the country got a $370 billion lifeline in the $2 trillion Coronavirus Aid bill,, But those businesses want to know what kind of relief will it provide? Dave Ketchen is the Harbert Eminent Scholar and Professor of Management at Auburn University, and he has been looking over the legislation. He said time is perhaps the biggest factor in question. “I definitely think it’s a much needed life preserver,” he said. “A big question is on the implementation side. If you throw a life preserver to somebody and they drown before they get it, it didn’t do them any good. A big question is how quickly is this money going to get into small business people’s hands.” >click to read< 14:47