US small businesses fear lifeline will run out before they get to shore
Eight weeks of federal coronavirus relief won’t be enough, say mom-and-pop concerns
16 April 2020 - 17:58
For many US small business owners, eight weeks of federal coronavirus relief won’t be enough to survive the pandemic’s economic damage, spurring calls from mom-and-pop firms to extend the time frame.
The rescue plan for small companies, designed as a stopgap until life returns to normal, falls short for restaurants, hair salons and other mom-and-pop stores that are bracing for months of poor business. Long after the lockdowns are lifted, customers will face economic hardship and be wary of crowded spaces, say advocates who are calling for funding that’s not tied to a tight timeline...
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