To night ABC reported that in two weeks small businesses will be able to borrow direct from Federal Reserve for loans to make payroll and other small needs.  How is that going to work?  How quick will it be available.

I am executive director of a small non-profit in Ventura, California. We are going to close our doors because the bank will no longer float our payroll expenses as they have for the last 2 or 3 years.  We will close end of October unless we find a miracle.

Will this loan be available and how soon.  My non-profit is Miracle House Inc, a drug and alcohol treatment center. We have many government contracts which will allow us to operate if we find this short term loan of about $60,000, equal to one month of expenses.

If you have any news on this, please share.

nfpatton

The photos of the Euro trash guys who are stealin off Americans and canadians are getting old and wrinkly , I take it gargamells evil spell is wearing off and the thevies are gone forever .

 

North BC just got back all it lost so did south BC . We get back 100 trillion stolen by the UN gang , they got almost a trillion some days during the three year long police envestiagtion , no report thru the KBC news network if anyone lese has gotten back but Coastal has its econmy north and southern back on its feet with no recession in all BC to report in restricted areas of the province and non . Just paperwork to be done and the Neilson factory is property of the NrtCst , BC and all it's landz . Only 3 candy bars now , white chocolate , brown chocolate and dark choclate 500 gram barz only $ 99 cents each a quart of milk in a Jug is $ 2.99 in local stores only and beer is now local only in ALL Ontario territory with wine and spirits the same maximum only 3 types of wine or cheese local or tobacco local with evrit BC imports of his smokes in select areas of Kanata only . lakeport beer in lakeport sarnia ONLY .