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Chaos as businesses chase quick government rescue
Desperate small business owners wait for Paycheck Protection Program loans and SBA disaster loans amid banking delays and system glitches. Banks report overwhelmed processing, with many applicants still waiting weeks into the program while some have started receiving funds. Officials warned of delays despite initial promises of rapid funding.
MENTIONED IN THIS ARTICLE
New York
Small Business Administration
SBA
Leslie Nilsson
Nilsson
Bartleby & Sage
Treasury
Steven Mnuchin
Mnuchin
Huntington Bank
Washington Trust Bank
Pacific Northwest
Jack Heath
Washington Trust
Heath
Robert Bentz
TD Bank
Bentz
Purplegator
King of Prussia
Pennsylvania