Small businesses that were forced to close during covid and had to get an SBA loan to avoid permanent closure, should at the very least have interest forgiveness, with partial to full forgiveness if they used funds for the business and did not permanently close.
3 Likes
We did what we were told to do, and got punished. A loan to simply not close, to pay bills because of unlawful closures is insane but we were forced to do it. Business over the last 4 years since we could open fully (dont forget capacity restrictions) hasn’t been good, the economic climate is the worst and we are drowning in interest! Forgive the loans please
2 Likes