Here are the top three things you need to look at to determine if you will receive funds and increase your odds of success:
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This clarification, while still somewhat blurry to truly define, was due to the public backlash caused by large chains and publicly traded companies like Shake Shack, Ruth's Chris Steak House, and Sweetgreen obtaining major funding in PPP Round 1. These companies and others have pledged to return these funds.
Other than publicly traded companies, it would be hard to imagine the SBA finding bad faith on behalf of a business that was forced by the government to shut down due to COVID-19 and kept employees on the payroll, even with other sources of credit.
In case you are keeping track:
You can still go outside while quarantining or sheltering in place - Business Insider
Don McCammon recently went for a run while wearing a mask in an uncrowded area of Orlando. The 40-year-old triathlete stayed not just six, but closer to 15, feet away from any lone passersby.
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Dozens of other runners, walkers, cyclists, and even open-water swimmers around the country told Business Insider about similar experiences, though just as many reported heartening anecdotes about strangers waving or politely getting out of the way.
Weld County plans to let all businesses decide whether to reopen Monday despite governor's
Weld County released guidelines for businesses to reopen Monday, which goes against Governor Jared Polis' safer-at-home initiative. His phase plan provides a timeline to determine which shops can open and which must wait.
"Governor Polis stated that his orders aren't enforceable," Weld County Commissioner Barbara Kirkmeyer said.
On Monday, a reporter got confirmation from the governor that the safer-at-home plan was a recommendation, not an order.
Denver business owners disappointed, but not surprised by extension of stay-at-home order
DENVER -- The decision by Denver's Mayor and by Boulder, Jefferson and Tri-County Health officials to extend their respective stay-at-home orders until May 8 disappointed countless business owners, but didn't come as a surprise.
"It didn't because I know people are being careful," said Gary Mantelli, the owner of West of Surrender Saloon & Kitchen at 16th & Glenarm, in downtown Denver.
"Do we want to open?" he asked. "Absolutely, but I'm one of those people who believes we've got to take all the steps, and go at the pace that makes the most sense for it to go very fast once we do get open."
Many things are taking place:
How major banks really decided which businesses got stimulus money - Business Insider
Wall Street banks have swung into small business lending in a big way, but not without complication.
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A week before Brian Burton's business was thrown into chaos by a pandemic, he was down in Florida for a Yankees' spring training game. Had he known he were sitting on the brink of a crisis, the cofounder of Instinct Dog Training Inc. in New York City wouldn't have put all of his hope in the government to help him out.
"The next week we would have to start laying people off," he told Business Insider. "They were talking about potential shutdowns coming, but it took a little too long for it to become real."
Why the mafia are taking care of everyone's business | World news | The Guardian
Organised crime is already giving food parcels to the poor in Italy and Mexico. For the cartels and syndicates, this crisis is an opportunity
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Consider the speed at which contracts are put out to tender to meet extraordinary needs. Consider the ability to move goods and money without all the normal checks or legal and bureaucratic protocols. Plague is a boon for the commercial class.
But such business opportunities are not the only benefit epidemics bring to criminal organisations. An even more profitable commodity is silence. With public attention monopolised entirely by the Covid-19 epidemic, mafia syndicates can manoeuvre undisturbed.
Happening on Twitter
President @realDonaldTrump just signed the bill providing $320 billion to refill the Paycheck Protection Program! https://t.co/UtrjLU9btx WhiteHouse (from Washington, D.C.) Fri Apr 24 17:40:55 +0000 2020
To the workers and small businesses who need relief through the Paycheck Protection Program, President… https://t.co/CbpMasSAMl WhiteHouse (from Washington, D.C.) Fri Apr 24 15:20:31 +0000 2020
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