Founder Daniel Rotman raised little money, hired cautiously, and built around a practical product instead of growth-at-all-costs. The result was a $1.4 billion acquisition by Mars.
“I think we’re very close to a deal today. I’m hopeful that we can get that done,” Mnuchin told CNN’s Jake Tapper on “State of the Union.” Mnuchin told Tapper he is hopeful that if a deal is reached, the Senate could pass the bill on Monday and the House could pass one Tuesday.
Then you had Schumer….
“And the $60 billion for the disaster loan was our proposal, and now the administration is going along with that.” – Chuck Schumer
Which has resulted in apparently…..
$310 billion for PPP 7(a)
$60 billion for EIDL 7(b)
$75 billion for hospitals
$25 billion to expand testing for the virus nationwide
$60 billion that Democrats wanted to set aside for businesses that have struggled to get loans from banks, such as those in rural areas or that are owned by minorities.
Source: WSJ
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There’s talk of a “cap per bank” which means you’ll need to PIVOT.
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