Tag: T Shirt

Giving taxpayer money to a $4.4 billion franchise doesn’t seem like aid to a small business.

Congress replenishes a small business loan program and adds funding for hospitals and coronavirus testing.

Business groups are pleading for changes to the Paycheck Protection Program, which has come under mounting criticism for giving money to big companies.

The restaurant chain was harshly criticized for taking the money despite having other means of funding not available to mom and pop businesses.

Small business owners are suing Wells Fargo and other big banks, saying they “rigged” the coronavirus Paycheck Protection Program to favor large companies.

Neither the Trump administration nor the lending industry has disclosed a list of Paycheck Protection Program beneficiaries.

The company said it got coronavirus relief funds because they were open to any restaurant chain with less than 500 employees at a single location.

The tentative agreement would offer another $300 billion in loans, as well as funds for hospitals, coronavirus testing and disaster relief.

The hardest-hit industry is not getting the most help from the new anti-layoff initiative.

While the federal government is making big companies whole during the COVID-19 crisis, working families and small businesses will suffer.