107541107541Governor tosses small companies a lifelineEnterprise Correspondent Rhonda Schaffler brings you at present’s New Jersey enterprise information.2020-05-15 03:46 pmdisabled3042583049Xfi2R0hPi6Itrue
Gov. Phil Murphy says if we wish to assist New Jersey’s financial system, we have to assist the state’s small companies. So the governor will present greater than $50 million in federal CARES Act funding to immediately assist small companies impacted by COVID-19. They’ll have the ability to apply for brand spanking new grants from the New Jersey Financial Growth Authority.
In Washington, the Home spent the day debating an almost $three trillion coronavirus reduction invoice put ahead by Democrats that features one other spherical of stimulus checks for residents. However Republicans within the Senate say the invoice is useless on arrival.
Many residents who’re struggling to pay their payments may be counting on bank cards. However that may very well be problematic, as banks have begun to decrease spending limits on bank cards.