About 3 years ago

05/21/2020 - Lawmakers Seek To Double Duration Of Small-Business Loans

– The Wall Street Journal
Paycheck Protection Program currently requires the use of funds within eight weeks.
– Bloomberg
McDonald’s is estimating that tens of millions of dollars will be needed to help U.S. franchisees but has also warned that some distressed franchisees may need to downsize or sell off locations.
– The Wall Street Journal
U.S. supermarket shoppers are buying more fish and shellfish to prepare at home during quarantine, but business owners say the rise isn’t enough to offset the loss of sales to restaurants, where 70% of seafood is consumed, according to market-research firm Urner Barry.
 
– Bloomberg
Companies racing to get back to business are creating roles to keep employees and customers safe from a highly contagious virus – positions that may become even more in demand the longer time passes without a vaccine or treatment.