All the PPP $$$ went to donors
That is how it works
That is how it works
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Eh?All the PPP $$$ went to donors
That is how it works
ImThe small business PPP funds saved 100,000's of small businesses including ours.
The month of May we saw a 70% decline in revenue, you can't survive that. June was better, but still a 40% decline.
July will be at least 30%. And we are doing better than MOST.
Our PPP $$$ to pay wages ends in 3 weeks. And speaking to many folks, that is pretty close to when most others are going to exhaust the funds.
Congress went on vacation with a big Fuck you we're outta here... so whether there will be any additional funds is a question.
One key problem is Trump and the houses are concentrating on more windfall money to individuals, which like the first, wasn't needed and DID NOT HELP small businesses. Instead of giving people who don't even need the money the funds, provide add'l PPP to pay wages. But that doesn't secure votes. So that will not happen.
Get ready for the fall
The globalist who did this wanted this to happen..........round 2 end currency and all electronic.....with their LAUNDERING asses on the enter button for the entire earth.Well... the shit is flying.
In the small city I live in, we lost 45 small businesses in the month of July alone.
And these are all real businesses. Not just some LLC in someone's living room... real businesses.
Not only is this a record, but is more than double the worst month after the 2008 collapse. Some of these businesses had been in business for decades. According to Business Week, 7.5 million small businesses in America are in "real danger" of closing permanently.
We are talking a financial collapse that will make 2008 look like a field day.
And the media is mostly silent about this. Why? Because they, along with many in the government, are A-OK with it. Small businesses are privately owned, they are not investable. So only the business owner and local banks are the only ones reaping profits. If small businesses disappear across the landscape - this will leave wide open fields for corporate owned entities to circle in - and the profits can be centralized and concentrated.
One-Third of New York’s Small Businesses May Be Gone Forever (Published 2020)
Small-business owners said they have exhausted federal and local assistance and see no end in sight after months of sharp revenue drops. Now, many are closing their shops and restaurants for good.www.nytimes.com7.5 million small businesses are at risk of closing, report finds
Millions of small businesses will close permanently if disruption caused by the coronavirus pandemic persists, according to a new survey from Main Street America.www.cnbc.com55% of businesses closed on Yelp have shut down for good during the coronavirus pandemic
Another 15,742 businesses listed on Yelp closed forever in just the past monthwww.marketwatch.com