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Economic Relief Project


Helping small businesses reach the resources they need in uncertain times

  • Access to dozens of firms and specialists
  • Working knowledge of available loans and grants
  • Assistance with navigation of complex government websites
  • Free qualification and service recomendation

America’s $350 billion emergency loan program for small businesses may run out of money

3 hours ago By John Detrixhe

Future of finance reporter

https://apple.news/ASZWGY7psSUOPOlpXcfPLIA

Small-business owners desperate for a federal lifeline seem poised to instead encounter chaos and a slew of questions about accessing loans aimed at keeping them running during the coronavirus pandemic. The upshot is that some banks expected to distribute the loans, including some major names, won’t yet participate in the program.

The Washington Post
April 3rd 2020

As the federal government prepares to launch a $349 billion loan program meant to help small businesses survive the coronavirus pandemic, critics have growing concerns that some mom-and-pop shops might get squeezed out.

ABC News
April 1st 2020

The good news is that the $2 trillion CARES Act (Coronavirus Aid, Relief, and Economic Security Act) Congress passed last week does, on paper, provide a lot of economic life support. The bad news is that it looks as if it could be weeks, maybe even months, before serious amounts of money flow to those who need aid right now.

Paul Krugman
World Renowned Economist

West Palm Beaches announces new program to help small businesses during economic downturn.

Newsbreak.com