Businesses Hunger For Cash As Feds Sit On $271B In Unspent Aid

The video discusses the financial struggles faced by businesses like Atlas Brewery during the COVID-19 pandemic. Justin Cox, owner of Atlas, sought financial aid from the SBA but was limited by a $150,000 loan cap. This cap affected many businesses nationwide. The SBA justified the cap to distribute funds quickly but now faces criticism for having a surplus. The SBA is reconsidering the cap, and Atlas Brewery hopes for more support to aid its recovery and growth.

What challenges did Justin Cox face in securing loans for his brewery during the pandemic?

How did the SBA's loan limit of $150,000 impact small businesses like Atlas?

What was the reason given by the SBA administrator for the $150,000 loan cap?

What additional funding did Atlas receive apart from the SBA loans?

What are Justin Cox's hopes for the future of his brewery?