Biden: Small Businesses With Under 20 Employees To Have 14-Day Window To Apply For Loans | MSNBC

During a press conference, President Biden announced changes to the Paycheck Protection Program to aid small businesses opening with a 14-day window for businesses with fewer than 20 employees. Small Business Administration will also remove barriers that have stopped businesses from applying for PPP loans. Aired on 02/22/2021.
» Subscribe to MSNBC:

MSNBC delivers breaking news, in-depth analysis of politics headlines, as well as commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, Morning Joe, Meet the Press Daily, The Beat with Ari Melber, Deadline: White House with Nicolle Wallace, Hardball, All In, Last Word, 11th Hour, and more.

Connect with MSNBC Online
Visit msnbc.com:
Subscribe to MSNBC Newsletter:
Find MSNBC on Facebook:
Follow MSNBC on Twitter:
Follow MSNBC on Instagram:

#Biden #SmallBusiness #MSNBC

Biden: Small Businesses With Under 20 Employees To Have 14-Day Window To Apply For Loans | MSNBC

38 comments

    1. You do realize shutdowns are mandated by state governments and not Biden though, right? Here in AZ we have no shutdowns at all. Every business is open.

    2. Most of ours open also this stimulus is for Biden’s blue states that shut down to make trump look bad and usher potato in

    3. @Paul Drusbasky Trump looked terrible on his own, his economy was running on fumes in 2019 until August when the economic bubble he created popped and then $860 billion to prevent a worse recession went to Wall Street…

    4. @T D Uh, wasn’t at all running on “fumes”. GDP growth rate from 2017-2019 was 2.5% on average. The GDP growth rate from 2010-2015 during the recession recovery was 2.3% on average.

  1. I guess Walmart will be subdividing their stores so each department can register as a unique business with less than 20 employees.

    1. @T D ya never know….some nutcases think some weird things…they say they hate Walmart but clearly only shop there LOL

    2. @golfdude2007 oh I know, and if people want to shop there so be it I’m not losing sleep over it. I think OP was getting at the fact that Wal-Mart skits many rules to try to get federal aid. I go there occasionally for random things like car fluids, windshield wipers, and other sporting goods just because I hate ordering online or at more expensive places. To each their own.

    3. @T D i like supporting mom and pop businesses even if i have to pay just a lil more…say under $10…..because 1. I can get in and out a lil quicker and 2. I can actually get help buying my items due to the CUSTOMER SERVICE they can provide….ie..shopping at a mom and pop hardware store vs …Home Depot.

    4. @golfdude2007 I’m usually with you, but I don’t really buy much other than food and stuff to fix my car or home. I’m also a mechanic and contractor, so I need to be quick and priced well or I lose profit. To each their own, but I’m with you if I can I’ll go local.

    5. @T D exactly…..my dad was a general contractor so I know where you stand….as for myself….I know the people that own and work at such places…so thats where I shop….and its more Genuine…PLUS I DONT SUPPORT HOME DEPOT BECAUSE THAT CEO…..LOVES CRIMINAL TRUMP….

  2. I read the act, and there are plenty of things to cut from that 800+ page document. For instance, most of the aid for reopening schools was already provided in the prior relief packages. Soap, masks, what else? Oh yeah, replace all the HVACs? My school district has not done that in years even though they are in need of repairs. They cannot even keep the kids cool in the summer. So, tell me how you need billions more….ya know that after a teacher has been proven to do harm, it takes a good amount of time just to run through the courts, the tenure agreements, etc. The whole process can take 18 months just to fire a tenured teacher for an indiscretion. So flood schools with money, and we are all confident it will be spent well. For another instance, I was shocked to see that most schools did not even follow their own states recommendations or mandates. How many parents had to supply masks, and sanitizer, and take temps every morning when the schools agreed to do this with the money they extracted….So Joe, answer to these facts…..its a money steal and nothing else. I hear taxpayers will owe 15,000 each on this debt

  3. Apply for loans!!!! Remember, the only money government has they took from us! They should give it all back and they can go home.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.