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

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

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

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.

Read more

1 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

Evaluate responses using AI:

OFF