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The Key Elements of Writing Hamilton Commercial Corridor Housing Loan And Grant Program Application Hamilton Commercial Corridor Housing Loan And Grant on the Website

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Hamilton Commercial Corridor Housing Loan And Grant Program Application Hamilton Commercial Corridor Housing Loan And Grant Demand Assistance

here with.smallbusinessresourcecenter.com and.small business resource center youtube.channel.with a very important update for s4227.um not exactly sure why because i was.sure i.checked before september 10th but we.have eight co-sponsors right now so i.want to give you.update on this and also i'm gonna share.the petition i have the link.for the petition is in this video and.it's important that you.sign it i will explain why because i'm.not just trying to.get s-4227 passed but there's some.things that are missing that i know.is important to everybody watching this.video if you're watching it.this video will explain why and why it's.important to.sign the petition and share it i do have.a petition video by the way but this.will also explain it too.so s 4227 was started by senator jackie.rosen it immediately had.senator john corn of texas as a.co-sponsor.they had six co-sponsors that would be.edward markey chris.van hollen doug jones tim kaine tina.smith.mark warner and kirsten samia.submitted okay you got it.but september 10th and the 15th when the.last two was added i actually thought.they were going to get more traction.than this much quicker.but i think everything going on with the.recess the election.and of course them working on trying to.pass.um the cares act ii we'll just call it.that because.they changed names so many times uh so.for.for the purpose of that we'll just call.the cares act 2. but.s 4227 has a lot of very important.things that are going to help people.i do want to explain that the ppp loan.actually is a great program it expired.but they're going to have more funding.for that so i would encourage people.when they do have funding at the end of.this month or beginning of next month to.apply for that.but still i'm a proponent for.the ten thousand dollar eidl grant and.the eid alone.and let me explain why it's called the.economic injury disaster loan.this act x 4227 is ensuring.increased disaster loans for small.business act which.is important and the main reason is.because the sba.lowered limits they also turned down so.many people.the problem that we have is that this.impact of the chronovirus is not.something that has been caused by any of.you.but they're treating this like you're.trying to get a loan to buy a new.corvette.or do something you know so when you.submit your applications sometimes they.don't even give you the eido grant.sometimes they give you the grant.approve your loan.then they ask for additional documents.and they flat out turn you down.or lower your your limit when you're.asking for funding to start your.business.keep the lights on make sure you don't.get evicted.and they basically turn you down so this.is supposed to fix some of those.problems they want to.reduce the cap that the sba put on it to.2 million i know for a lot of people.that's not.important because you don't need that.amount of money.so we're not here to discuss fraud or.other problems that occurred.in the higher range but i just want to.explain what this is trying to.accomplish.so that's very important also.they want to try to make sure that.everybody gets the ten thousand dollar.eid l.grant within three days of application.and everyone who qualifies i should say.so.basically when we're looking at that.this is retroactive so if you applied in.the past you would not have to do.anything.you would get the remainder of the ten.thousand dollars all right so basically.they're stating that.no other digital documents should be.required and the main reason why this is.important is it seems like they're.approving people based on stuff that's.submitted.then they're asking for a full loan.application.or more um then they either turn you.down completely.or lower the limit to such a small.amount that doesn't even make sense.and now you're going through the run.around like a lot of people have for.months.trying to get approval trying to get.more funding and.basically it seems like it's a big waste.of time.so they need to streamline everything.because the.the impact of this is not something.that's been caused by you.there's a lot of reasons why they're.turning people down.and this should not be looked at like a.standard type of loan.and that's why this is important so i'm.going to go over other things but keep.in mind.the petition that i have to sign is to.support s 42.27 also to ask for these additional.things that i'm going to be discussing.which i know are important to you if.you're watching this video.uh but basically when we have this here.they want to increase the funding so.they want to increase the eidl funding.to 100 billion from 20 billion and have.80 billion remaining if there's.additional problems that would.immediately be available they also want.to have monthly reporting.so the senate and congress can make.adjustments if they feel things are not.being done.properly so there's a lot of things in.here that are very important.and a lot of things that would benefit.everybody right.now because a lot of small businesses.are suffering.shut down and may not open back up and.you know if if you had some of this.funding right now you could reopen.but right at this point probably could.not open up other small.business problems that are on the.petition that i'm discussing is a simple.fact that.many small business owners have more.than one business and it seems like if.you have more than one business or.franchise.they're approving one one only then.they're telling you since you already.got one.they're not going to give you them for.any of the other businesses but keep in.mind you have separate lights you have.separate employees.most of the time you have separate rent.payments.they're approving one and not the others.this is a big problem.all those businesses are separate and.need to be treated as separate.businesses.so their approval should be completely.separate.and they should be approved by that type.of basis.so that is the other thing that i think.should be done besides some of the.things in here.they have to realize that this is not.something that we have caused.and the approval and streamline process.should be easier.it's terrible because yes i understand.there's fraud.but it seems like the regular people are.not getting approved.and the people who are getting uh.committing fraud are being approved.so i don't understand but this is pete.from the small business resource center.dot com and small business resource.center youtube channel.consider scrub subscribing if you're new.if you're a subscribed member welcome.back and please sign and share the.petition.because this is important to be able to.get it my petition is going to go to.every senator and house representative.and the president.i would like to get a hundred thousand.signatures and we just started it.thank you very much and have a great day.comment below if you have questions by.the way.always try to do we can to help people.out.and sign the petition.you.

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