Despite Federal Lifeline, Some Small Businesses Struggling To Understand What Programs Available

CLEARLY WE RECOMMEND RECOMMENDYOU WASH THEM WITH SOAP ANDWATER.SMALL BUSINESS ASSTRUGGLING TO STAY AFLOAT ANDALSO STRUGGLEALSO STRUGGLING TO UNDERSTANDWHAT FEDERAL PROGRAMS MAY BEAVAILABLE TO HELP THEM.SUM OF 3 WITH 50 MILLION UPFOR GRABS UNDER FEDERALSTIMULUS PACKAGE.HOURS MONROE EXPLAINS SOME OFTHE MONEY COULD BE HARD TOCOME BY.THE CONCERN I HAVE IS THEAMOUNT OF MONEY WILL NOT BEAVAILABLE.TROUBLE MAY ALREADY BEPRUING FOR THE PAYCHECKPROTECTION PROGRAM.FRIDAY THE FIRST DAY SMALLBUSINESSES COULD APPLY MORETHAN A.4 BILLION WAS APPROVEDIN OVER 17,000 LOANS.MARTY Mc TAMMY IS MANAGINGPARTNER OF McCARTHY ANDCOMPANY BASED OUT OFMONTGOMERY COUNTRY ANDACCOUNTING FIRM IS HELPINGSMALL BUSINESS AS PLY FOR APIECE OF THE 349 BILLION PIE.BUT HE QUESTIONED IF IT WILLBE ENOUGH.THERE'S SEVERAL MILLIONSMALL BUSINESSES IN THECOUNTRY.I THINK I DID THE MATH IFEVERY SMALL BUSINESS APPLIEDAND USED ALL FUNDS IT WOULD BE$1 IS 2 A BUSINESS.SMALL BUSINESSES WON'THAVE TO PAY BACK THE LOANS IFTHEY MAINTAIN THEIR WORKFORCE.THIS LOAN IS A GOOD LOANAND GOING TO RETAIN EMPLOYEESAND CAN PAY EMPLOYEES.FOR THE IPDY BLUERESTAURANT HE SAYS HE WILL NOTBE APPLYING FOR LOAN HE HAD TOLAYOFF ALL 20 WORKERS.LIKE MOST OTHER RESTAURANTSTHEY'RE ONLY OFFERING TAKEOUTOR DLAIVRY.HE SAID HE IS JUST TRYING TOKEEP THE DOORS OPEN.THIS IS ABOUT MY KIDS ANDFAMILY I HAVE TO TAKE CARE OFTHEM.SO THIS IS THE TIME I HAVE TODO IT.IN ADDITION TO THE FEDERALLOANS SMALL BUSINESS CAN ALSOAPPLY TO LOCAL AND STATE LOPZ.PENNSYLVANIA LAW MAKE AREASPROVED 60 MILL NO SMALLBUSINESS LOANS ANDPHILADELPHIA APPROVED 9