Skip to main content
U.K. Edition
Tuesday, 30 April 2024

More help on the way for small business owners as U.S. Chamber of Commerce prepares to launch new gr

Credit: WXXV
Duration: 0 shares 2 views

More help on the way for small business owners as U.S. Chamber of Commerce prepares to launch new gr
More help on the way for small business owners as U.S. Chamber of Commerce prepares to launch new gr

Thirty-five percent of small business owners across the United States say their business cannot survive more than three months in current conditions, according to a report released by the study group WalletHub.

Not being postponed.- - thirty-five percent of small- business owners across the- united states say their busines- cannot survive more than three- months in current conditions.

- this, according to a report - released just this week by the- study group wallet hub.

- news 25's toni miles checked in- with our mississippi gulf - coast chamber of commerce to ge- insight on how business - owners and consumers alike to - help our south mississippi- economy and conditions - and- shares information on a - new grant program for small - business owners that will - soon be launched.

- - the empty parking lots -- and local shopping plazas that- look more like a scene from - a sci-fi movie... - common sites and the new normal- - - - as the entire nation and south- mississippi stays on lockdown t- drive down the- spread of covid-19... - the virus is far-reaching - - killing people - profits and- jobs-while- driving up the unemployment rat- drastically.- < nats >- according to a wallethub study- released thursday,- mississippi has the 5th biggest- increase in unemployment- due to the coronavirus, with- more than a nearly 4,000- - percent increase in the number- of unemployment - claims from january to april of- this year.- leaders with the mississippi- gulf coast chamber of commerce- say - the paycheck protection program- will help keep many - of our small businesses from- closing - and their employees - going.- adele lyons, mississippi gulf - coast chamber of commerce - president - and ceo: " the payroll protection program, which is- mainly focused on - payroll and bringing people bac- on to work, we're hearing from- several of our- members and businesses that the- have gotten their funds.

Now- they're - ready to start implementing tha- plan.

Again, it's going to take- a little time to- get people back on."

As of tuesday, small businesses- in mississippi had received - 14,209- - - - loans totaling nearly $2 billio- dollars to help keep their- companies afloat during the - pandemic, but there are plenty- of things we can do here locall- to help out - - shop local first.

- order food to go.

- purchase gift cards from local- shops.

Adele lyons, mississippi- gulf coast chamber of commerce- president - and ceo: " buying local is supe important at this time."

Toni miles, news 25: " and additional funding and help is- on the way for our small- businesses - and it's right at- the tips of your fingers.

On- thursday, the united states - chamber of commerce announced - that on april 20th, it will be- launching its save small- business fund - program-distributing $5,000 - dollar grants to- - - - small employers throughout the- u.s. just go to - savesmallbusiness.co- m on monday to apply."

Reporting for news 25,

You might like

Related news coverage

Advertisement

More coverage