December 26, 2020
Small Business Apocalypse
This from Steven Scheuler
Small firms recently surveyed by Goldman Sachs indicated that small and mid-sized businesses (SMBs) are desperately in need of another round of emergency Paycheck Protection Program (PPP) funding, according to CNBC.
David Solomon, CEO of Goldman Sachs, told CNBC on Tuesday (Dec. 15) that the small businesses it surveyed are in dire need.
"They really have needs; 90 percent of them have exhausted their PPP funding at this point,†he said in a CNBC Squawk Box interview. "More than half of them have had to lay off employees and really constrain their businesses. https://
Small firms recently surveyed by Goldman Sachs indicated that small and mid-sized businesses (SMBs) are desperately in need of another round of emergency Paycheck Protection Program (PPP) funding, according to CNBC.
David Solomon, CEO of Goldman Sachs, told CNBC on Tuesday (Dec. 15) that the small businesses it surveyed are in dire need.
"They really have needs; 90 percent of them have exhausted their PPP funding at this point,†he said in a CNBC Squawk Box interview. "More than half of them have had to lay off employees and really constrain their businesses. https://
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