Chase Bank prioritizes large indebted businesses over small businesses for PPP loans
April 16, 2020
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14:23Now PlayingChase Bank prioritizes large indebted businesses over small businesses for PPP loans
YouTube Description
as posted by the channelLet's get Right to Repair passed!
Sources:
Ruth's getting PPP loan
American Institute of CPAs interpreting bill text to include employer side payroll taxes
Bank of America trying to only issue loans to customers with preexisting bank debt
Treasury department clarification 3 days after program was released that employer payroll tax NOT part of payroll costs
Ruth's Hospitality Group net profit
Bank/government lack of preparedness for PPP
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