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Pennsylvania State Lawmakers Approve Aid For Small Businesses

Video Credit: CBS 3 Philly - Duration: 01:35s - Published < > Embed
Pennsylvania State Lawmakers Approve Aid For Small Businesses
Howard Monroe reports.
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Pennsylvania State Lawmakers Approve Aid For Small Businesses

ADDRESS MAJOR DISASTERDECLARATION AND HUGE SPIKE INCASES REPORTED TODAY.NONESSENTIAL SMALLBUSINESSES FORCE TODD CLOSENOW HAVE RELIEF IN SIGHT.IT COMES BY WAY OF THE STATEAND FEDERAL AID.HOWARD MONROE, CONTINUES OURCOVERAGE THIS AFTERNOON INMANAYUNK, HOWARD.REPORTER: UKEE, WE HAVESEEN A FEW PEOPLE OUT ANDABOUT ON MAIN STREET TODAYHOWEVER, MANY BUSINESSES ARECLOSED, AND THAT IS BECAUSETHEY WERE DEEMED NONESSENTIALTO THOSE FOLKS.THOSE BUSINESSES THEY CANBEGIN TO APPLY FOR THESELOANS, NOW, BUSINESS THAT ISWERE FORCED TO CLOSE ORDRASTICALLY CHANGE THEIROPERATIONS, CAN APPLY.PENNSYLVANIA LAWMAKERS, THEYHAVE APPROVED 60MILLION-DOLLAR IN SMALLBUSINESS LOANS, AND THE LOANSARE FOR UP TO A HUNDREDTHOUSAND DOLLARS.BUSINESSES, WITH LESS THAN 100EMPLOYEES CAN APPLY, MANYNONESSENTIAL BUSINESSES LIKEMOM AND POP SHOPS HERE INMANAYUNK WERE FORCE TODD CLOSEAS A WAY TO REVENT SPREAD OFTHE CORONAVIRUS AND MANYOTHERS ALLOWED TO STAY OPENEDARE SEEING DECREASES IN SALESBECAUSE OF HOME OWNER.VINCENT HUGHES SAY THE GOAL TOGET MONDAY TOY BUSINESSOWNERS, AS SOON AS POSSIBLE.THE IDEA TO GET AS MUCHMONEY BACK IN PEOPLES POCKETSAS QUICKLY AS POSSIBLE.SO THAT THEY CAN FUNCTION, ANDNOT FEEL THE BRUNT THAT THISPUBLIC HEALTH CRISIS IS THRUSTON EVERYONE AND THIS IS ASERIOUS, PUBLIC HEALTH CRISIS.AND WE NEED TO NOT THINK ITWILL PASS, ANYTIME SOON.NOW THESE LOANS ARE ON TOP OFTHE LOCAL AND FEDERAL LOANSTHAT SMALL BUSINESSES CAN ALSOAPPLY FOR.WE WILL GET MORE INTO THOSECOMING UP ON "EYEWITNESS NEWS"AT 5:00.




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