» Subscribe to NowThis:
» Sign up for our newsletter KnowThis to get the biggest stories of the day delivered straight to your inbox:
In US news and current events today, motivational speaker Damon West has turned his life around after a criminal conviction, but that same experience has resulted in him being denied a COVID-19 relief loan.
The CARES Act and Paycheck Protection Program loans are supposed to help out small businesses survive the Coronavirus shutdowns, but the restrictions on CARES Act loans and Paycheck Protection loans have been a burden to many. Those who have turned their lives around but still live with a criminal record have been denied PPP loans and COVID 19 relief loans based on their past felony or even misdemeanor, which has left some already struggling small businesses in even more danger. The Paycheck Protection Plan loans have been credited with saving many businesses, but its clear that the overly restrictive requirements of the PPP and CARES Act mean many owners are being left behind.
#DamonWest #CARESAct #PPP #SmallBusinesses #COVID #COVID19 #Coronavirus #News #NowThis #NowThisNews
Connect with NowThis
» Like us on Facebook:
» Tweet us on Twitter:
» Follow us on Instagram:
» Find us on Snapchat Discover:
NowThis is your premier news outlet providing you with all the videos you need to stay up to date on all the latest in trending news. From entertainment to politics, to viral videos and breaking news stories, we’re delivering all you need to know straight to your social feeds. We live where you live.