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GoDaddy CEO: The second round of PPP loans will help the smallest businesses. But more needs to be done


GoDaddy CEO: The second round of PPP loans will help the smallest businesses. But more needs to be done
CNN
2/16/2021
Opinion by Aman Bhutani for CNN Business Perspectives
© Suzanne Kreiter/The Boston Globe/Getty Images
Doug Bacon sits inside one of his restaurants that has remained closed since last March in Boston on Feb. 10, 2021. He owns the Red Paint Hospitality Group, and he received PPP funds last year but said his second application has been tied up with his bank. He applied for the state grants in October, but so far has only received funds to support one of his eight restaurants. Thousands of hard-hit small businesses are once again having trouble accessing 11PPP Millions of dollars in pandemic aid from the state and federal governments, as they fight for survival while a second wave of virus infections continues to undermine the economy. (Photo by Suzanne Kreiter/The Boston Globe via Getty Images) ....

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Relief programs are a slog for some small business owners


Applications for pandemic aid are being rejected at a high rate, leaving small businesses in the lurch
Both state and federal programs are rejecting higher numbers of applicants as officials rush to fix paperwork issues.
By Shirley Leung and Janelle Nanos Globe Columnist and Globe Staff,Updated February 10, 2021, 6:27 p.m.
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Doug Bacon applied for the state grants in October, but so far has received funds to support just one of his eight restaurants.Suzanne Kreiter/Globe staff
Thousands of hard-hit small businesses are once again having trouble accessing millions of dollars in pandemic aid from the state and federal governments, as they fight for survival while a second wave of virus infections continues to undermine the economy. ....

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