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Devastated to learn of the passing of my spartan brother Charles Rodgers. Spoke with his mom this morning. Please pray for her and his children. Please also be respectful of their privacy at this difficult time. Rip Chuck ??— Chris Baker (@Toten86) 261
COVID-19 has claimed the lives of thousands of people around world. It has sent financial markets into a downward spiral and now, the backbone of the American economy, roughly 30 million small businesses, is in jeopardy.“Most small businesses really don’t have much in the way of cashflow,” said Todd McCracken. “They are in the position to last for days maybe weeks, for the most part, if they don’t have money coming in the door.”McCracken is with the National Small Business Association. Many of NSBA’s 65,000 members have had to shutter their doors temporarily in the name of public health, but the longer these businesses remain closed, the more concern there is over whether some will ever reopen.“Small businesses are half our economy,” McCraken added. “Most new jobs are provided by smaller companies and about half of all non-governmental employment is provided by smaller businesses.”So, what exactly do small businesses in America need right now to survive this pandemic, the financial side at least?“They need liquidity, they need cash. That’s the bottom line,” said McCracken.Some small businesses are getting cash from bigger companies, like Facebook. Last week, the social media giant pledged 0 million in grants for 30,000 small businesses struggling right now.In addition, the U.S. small business administration has begun offering up to million in low-interest disaster relief loans to small businesses effect by COVID-19. The loans are 2.75 to 3.75 percent.Meanwhile, a growing number of states, like Florida, are offering no-interest loans. Typically though, they max out at ,000 per small business.Importantly to note, whether a business is applying for private sector grants or government loans, they should expect the process for both to take a few weeks. A few weeks could just be too long for many of the small business feeling the financial impact of this pandemic, and that is why organizations like the NSBA are closely watching the second stimulus package being proposed in congress.The latest version of the package would offer 0 billion in small business loans that are expected to be issued in a faster timeframe and with more substantial benefits. The catch is small businesses who get this money have to commit to not to laying off their current employees.“This is a really good package for small companies,” said McCracken. “It would allow them to get a loan, we hope very quickly to support their operations but importantly the amount they spent on staffing and their rent payments can be completely forgiven.”What is loaned but not used for rent and staffing would have to be paid back, but the business has a year to do so. “There are still going to be hiccups I am sure, because we’ve never tried anything like this before,” said McCracken, “because this is literally going to be millions of small businesses applying for these loans in a very tight window.”McCracken, most financial analysts and even economist believe if small businesses can stay afloat, then the economy and average Americans should be able to bounce back faster post-COVID-19. 3110

DETROIT — A petting zoo in Michigan took one of its animals out on a stroll.It wasn't just any animal, though. It was a camel. Jeffrey the camel, to be exact.Last Sunday, Lewis Farms & Petting Zoo took Jeffrey out for a trip to PetSmart. The farm, located in New Era, Michigan, posted a video of Jeffrey's trip to Facebook. The video has been shared more than 2,000 times since it was posted Sunday. Watch the video of Jeffrey below: 450
Despite dropping out of the Democratic Party's nominating race two weeks ago, former NYC Mayor Mike Bloomberg made his first transfer of funds to the party in hopes of helping likely party nominee Joe Biden win the White House in November. Bloomberg sent million from his campaign to the Democratic Party on Friday.The Bloomberg campaign said that the campaign will also transfer several of its former field offices to state parties and help accelerate the hiring pace. Bloomberg staffers in six states will remain employed through the first week in April."As Mike said throughout the campaign, he would support whomever the eventual Democratic nominee is, as well as Democrats in key races that we must elect to help undo the damage President Trump has done in office," the Bloomberg campaign said in a memo to DNC Chair Tom Perez. "While our campaign has ended, Mike’s number one objective this year remains defeating Trump and helping Democrats win in November."The Bloomberg campaign said it weighed creating its own entity in hopes of helping the Democrats defeat President Donald Trump, but the campaign said "this race is too important to have many competing groups with good intentions but that are not coordinated and united in strategy and execution."As of Friday evening, Biden has 1,199 delegates, compared to Sen. Bernie Sanders, who has 894 delegates. A total of 1,991 delegates are required to win the nomination. 1445
CLEVELAND, Ohio – It’s rare nowadays for children to wear homemade Halloween costumes, but not for one Ohio family. For the past few years, Stephanie Pokorny has been crocheting incredible head-to-toe costumes for her two sons in the Cleveland area. Pokorny really outdid herself this year by creating an amazing Skeletor costume with glowing eyes for one son and a glow-in-the-dark "Alien" suit for the other. 423
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