What Resources Are Available For Small Businesses Hit By COVID-19? | KALW

What Resources Are Available For Small Businesses Hit By COVID-19?

Apr 9, 2020


On this edition of Your Call, we’re speaking with small business owners about how they’ve been affected by COVID-19.

With many having to close shop, business owners are crowdfunding to keep their staff on payroll. The National Federation of Independent Business will answer your questions about relief for small businesses, and we’ll discuss the Democrats' new relief bill, which calls for $250 billion in loans. If you’re a small business owner, what are you facing? 

Guests:

 

Karen Harned, executive director of NFIB’s small business legal center

 

Tracey Friley, owner of the Oo La La gift shop in Oakland

 

Kevin Chan, owner of the Golden Gate Fortune Cookie Factory

 

Ari Takata-Vasquez, executive director of the Oakland Indie Alliance

 

Sharon Miller, CEO of the Renaissance Entrepreneurship Center

 

Henry Wimmer, founder of owner of Open Mind Music in Oakland

 

Web Resources:

CNN, Jeanne Sahadi: Small business owners need cash now. But they don't know when it will come

Vox, Li Zhou: Many small businesses are being shut out of a new loan program by major banks 

CNBC: Stampede for emergency loans is crushing lenders, putting millions of small businesses at risk. Here are steps to fix the system

The Wall Street Journal: SBA Under Fire for Failing to Get Aid to Struggling Small Businesses