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[QUOTE="goodroc, post: 3349797, member: 20"]
The SBA PPP program has the potential to help tremendously however there is massive confusion, unanswered questions by many small business and the lenders including massive banks such as chase and BOA who has if yesterday cannot process any applications as they do not know if they have Exposure and how they process, vett the loan amounts, eligibility and the forgivable amount which is what most business need.  Adding additional debt will help short term but to continue to kick the can down the road will simply just keep some business going for now but without being able to make up the lost revenue paying these deferred liabilities will be virtually impossible for many business.   The SBA loan is a 2 year loan which I don’t Understand how they expect anyone to be able to pay back next year even with a rebound to pre crisis revenue in the next few months.    Most small business work on very small margins and it’s obvious they did not consult with small business owners when coming up with this stimulus package.   I am hopeful that things change as much as the govt is hard to explain putting together a 2 trillion $ stimulus package in a week is virtually impossible to do without making errors.  .
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