Economic Injury Disaster Loans (EIDL) will be rationed to $15,000 per applicant, according to the U.S. Chamber of Commerce. In an open letter to Congress, Chamber President Suzanne Clark wrote that on Sunday the U.S. Small Business Administration informed small businesses that loans will be rationed. “Such limited economic relief will be insufficient for a great many main street employers,” the Chamber said. Another major pillar of the federal government’s response is the Paycheck Protection Program…
from https://www.bizjournals.com/baltimore/news/2020/04/13/sba-rations-disaster-relief-loans-to-15-000-per.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/615302533727043584
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