The House of Representatives approved a $484 billion bill to help small businesses.
AND THE LATIN CHAMBER OFCOMMERCE IS FIGHTING TO GETSOME MONEY FROM THE NEWSTIMULUS BILL ..TO GO TO THESE BUSINESS OWNERS.13 ACTION NEWS REPORTER ASTRIDMENDEZ EXPLAINS...IN THE SECOND ROUND OF FUNDINGFOR SMALL BUSINESSES, THEREARE SOME CHANGES TO ENSURE THATTHE 310 BILLION DOLLARS NOW"THERE ARE MANY FAMILY OWNEDBUSINESS , MANY RESTAURANTS,GROCERY STORES OWNED IN THEMINORITY COMMUNITY AND THATSWHY WE WANT TO MAKE SURE THATTHE 60 BILLION DOLLARS IS STASIDE TO GO DIRECTLY THERE ANDTHE ADMINISTRATION CANT DO LIKEIT DID BEFORE AND GIVE IT TOTHE BIGCORPORATION POSING AS SMALLBUSINESSES." CONGRESSWOMAN DINATITUS SAID THAT MINORITYGROUPS ARE A MUST IN THOSE 60BILLION DOLLARS "SET ASIDESPECIFICALLY FOR CREDIT UNIONSAND COMMUNITY BANKS WHO LOANEDTO SMALL BUSINESSES AND THESMALL BUSINESS WITH MINORITYOWNERSHIP AND WOMEN OWNERSHIPARE THE PRIORITY." SHE SPOKETHIS MORNING ON A PHONE CALLWITH MEMBERS OF THE LATINCHAMBER OF COMMERCE TO ADDRESSTHESE ISSUES ONE OFTHEM---AND THE FACT THAT MOREMONEY COULD BE NEEDED IN THEFUTURE FOR THE ENTIRECOMMUNITY."ALREADY IN THE WORKS IS AFOURTH BILL THAT WOULD BEABOUT THE LONG TERMRECOVERY, THAT WOULD BEINCREASED FUNDING FOR FOODSTAMPS, THE SNAP PROGRAMBECAUSE PEOPLE IF YOU CAN GET AJOB, YOU CAN'T BUY GROCERIES,SO THAT WOULD BE INCLUDED INTHAT, MAYBE ADDITIONALINDIVIDUAL PAYMENTS, LIKE THE1,200 DOLLARS, MONEY TO STATEAND LOCAL GOVERNMENTS." BUT INTHE MEANTIME, SHE ENCOURAGESOWNERS TO APPLY FOR THE PPP ANDOTHER OPTIONS THAT THE SMALLBUSINESS ADMINISTRATION HAS FORTHEM DURING THIS PANDEMIC.AND TO KEEP APPLYING FORUNEMPLOYMENT IN CASE YOU ARENOT RECEIVING IT YET.ASTRID MENDEZ 13 ACTION NEWSTHOUSANDS OF MASKS WERE DONATEDTO HOSPITALS TODAY...BY THE N
The aid will help pay for the majority of Allegiant's 4,500 workers through September.
The government is near the lending limit for small businesses.
