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Nightly News
Thousands of small businesses apply for relief as some owners frustrated by process
Catch up with NBC News Clone on today's hot topic: Thousands Of Small Businesses Apply For Relief As Some Owners Frustrated By Process 81651269800 - Breaking News | NBC News Clone. Our editorial team reformatted this story for clarity and speed.
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The federal government authorized $350 billion in forgivable loans to small businesses to cover costs for at least eight weeks. Bank of America received over 85,000 applications on Friday. The top three lenders tell NBC News’ Stephanie Ruhle that technical issues are causing processing delays, but they’re working on a resolution.April 4, 2020