Newsy Investigates: Small Businesses Still Locked Out Of Aid Program

Newsy Investigates: Small Businesses Still Locked Out Of Aid Program

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the challenges faced by small businesses in obtaining COVID relief from the Small Business Administration (SBA). Despite efforts, businesses like Spang Volus Chocolates struggle due to government errors and stringent anti-fraud measures. With the SBA's aid program winding down, businesses face deadlines to secure funds. Congress is concerned about the SBA's handling of loans, urging better coordination with the IRS. Many businesses have received aid, but some, like Spang Volus, risk closure without timely assistance.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How many COVID disaster loans and grants has the SBA granted?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What might happen to Emily Reid's family business if they do not receive the loan?

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OFF