Comment on Small biz owners may face ‘chaos’ in applying for $350B in federal loans

Small biz owners may face ‘chaos’ in applying for $350B in federal loans

RESEARCH TRIANGLE PARK – It’s as if small business owners, including some startups in the Triangle, are lined up for the start of the Indy 500 as the flag drops Friday for $350 billion in loans through the federal government’s $2 trillion coronavirus economic relief package. The loans are seen as a lifeline for companies that are short of capital and losing business as the virus shuts down much of the US economy.

 

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