President Donald Trump is working on a plan that will see Small Business Administration being used to help the federal government in its response to the impacts of the coronavirus. This, of course, is done in collaboration with Capitol Hill. The aim of these efforts is to cushion small businesses by providing them as much as $50 billion in loans that will see them remain afloat during the economic meltdown caused by COVID-19 pandemic. This action will not only help businesses but will also benefit employees of these enterprises amid imminent layoffs courtesy of the virtual shutdown due to the widespread pandemic in the entire country. The layoffs have led Washington into adopting strict measures, including one of the largest stimulus packages in history at the backdrop of the economic crisis that is leading the country into recession.

Small businesses work to come up with solutions to bring in cash flow during Covid related shut downs, reports KCRG.                                   

“On a normal Saturday this place is hopping,” said the owner of Main Street Exchange Tracy West. “We had trouble keeping up, but today we’ve only had 10-12 people coming through the doors.”