As Demand For Disaster Loans Soars, so Does Frustration
Small businesses, including thousands of restaurant companies, lined up with their banks in recent days as they sought their piece of $350 billion in federal loans designed to help them rehire staff and get through the coronavirus shutdown.
But the system also left hundreds of restaurant owners confused about the program and struggling to even apply for the loans. And some worry the assistance won’t be enough to survive the next couple of weeks, let alone through a shutdown expected to last at least through June.