As part of the stimulus package relief, businesses with fewer than 500 employees are eligible for up $10 million dollars in loans, which can be used for payroll and other expenses, like insurance premiums, mortgages, rent or utilities. The federal government has allocated $370 billion for this program.
SO LONG AS THE COMPANIES EITHER: (1) DO NOT LAY OFF WORKERS; or (2) REHIRE THE ONES THEY HAVE ALREADY LET GO, …wait for it… THE GOVERNMENT REPAYS THE LOAN!!!!!! REALLY! THIS IS NOT A GIMMICK, BUT A WAY TO RESCUE AMERICAN BUSINESSES!
Treasury will have the money in the banks next Friday, ready for loans. Once the funds are gone, they are gone. TAKE ADVANTAGE OF THIS PROGRAM WHILE FUNDS ARE AVAILABLE!!!!