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The loop-hole that is allowing the largest corporations to take all the relief money. The law say that only small businesses, those that have less than 500 employees, can apply...

By: oldCADuser in FFFT3 | Recommend this post (0)
Mon, 20 Apr 20 11:38 PM | 20 view(s)
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Msg. 57254 of 65535
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...but then someone added that this was on a location by location basis, not the total number of employees in the 'small company', that's why someplace like Ruth Chris Steakhouse was able to get millions while some mom & pop place will get nothing because all the money has already gone to the big guys.

Congress Actually Wanted Huge Restaurant Chains To Get Small Business Loans

Lawmakers intentionally let multimillion-dollar businesses like Ruth's Chris Steak House and Taco Cabana tap coronavirus relief funds.

http://www.huffpost.com/entry/coronavirus-small-business-loans_n_5e9dd2a8c5b6fafcc8c1b35f

OCU

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