[Lew Silverman]

Alright let's see where we are -



CARES Act allocated approximately 350 BILLION DOLLARS to provide relief to the millions of "small businesses" in this country. The idea being is that if you keep those businesses open and their employees paid the impact on the overall economy wouldn't be as bad. In theory, a great idea! Then "somebody" decided to let the Small Business Administration (SBA) supervise the relief plan. You know, the under-funded, under-staffed SBA is going to manage a multi-BILLION relief program(Has anyone tried to deal with the SBA before? Do you enjoy beating your head against the wall?). Bottom-line is that the Secretary of the Treasury now has a large number of financial institutions doling out the money, and if you don't have a previous relationship with "the bank" you'll be waiting for a while, not to mention the "fees" that will be paid to the banks for their largess. And let's not forget that businesses were told to apply for their "relief" payments as soon as possible, because once that 350 BILLION is spent that's it! "First Come - First Served"!.


Is it too early to say "Follow the Money"?