President Trump is so excited about the success of the SBA PPP loan program that he is asking all hard working American small business owners to share their story with the #AmericaWorksTogether hashtag. So far, it has backfired:
I've been a Trumpster from day 1! However, he states that people are "loving" the SBA PPP loan/grants. I ain't loving them and nobody else in my boat is "loving" them. We can't even get the banks to pick up the God damn phones & the SBA web site is useless
— ❌ken mo (@kenpat1952) April 8, 2020
Just had a conf call w/ major lenders discussing our Great Small Businesses & the #PPPloan. I ask every company, big & small, making announcements about innovative contributions, hiring new workers, or looking to overcome setbacks to share your stories with #AmericaWorksTogether! pic.twitter.com/zfEy14aJ86
— Donald J. Trump (@realDonaldTrump) April 7, 2020
— Pete Rich, D.M.D (@peterichdmd) April 7, 2020
My small business can’t get a loan because the funds have tapped out #AmericaWorksTogether
— JT (@Bergertron5000) April 7, 2020
I don't have connections at a private bank. The folks at BOA said there are programs but can't help getting you in. The $ is going to smart crooks gaming the system, trump style. I'll be dead soon. #AmericaWorksTogether
— Art Ackerman (@ArtAckerman1969) April 7, 2020
Small businesses are fucked.#americaworkstogether
— jm (@jmujad_) April 7, 2020
#AmericaWorksTogether I own 3 small businesses. Applied for sba loan on March 30. Still NOTHING. We are unable to apply for unemployment. What is taking so long for these “so called” fast turnaround loans!!!
— shannie (@shancharles) April 7, 2020
#AmericaWorksTogether It’s not working. No aid. Struggling to keep people working and paid. Massive fail.
— Jerri Hafizi (@JerriHafizi) April 7, 2020
— Ittabit (@itsittabit) April 7, 2020
#AmericaWorksTogether Sorry, but the #PPPLoan is apparently nothing more than an election year scam. Lender banks still have no direction from the SBA & many are now saying 100 basis points makes the loans not worth the effort. Analysts on both sides say not to expect anything.
— IndyModels (@IndyModels) April 7, 2020
It will be interesting to see how small business owners adjust their feelings towards President Trump if they cannot get the money they need to make payroll and pay rent/mortgage. So far, the program has not been a success. What are your thoughts on SBA PPP?