By Glenn Hamer | Real Estate Daily News
The coronavirus pandemic has sent the country’s economy into a free fall. A record 17 million Americans have applied for unemployment assistance in the past three weeks. In Arizona, where the Department of Economic Security at times is getting 70 calls a second for help(!), that number is 250,000.
There have been two big federal government initiatives designed to get relief to small business, each of which were part of the massive CARES Act. One’s launch has been rocky, but is on the road to improvement. The other has been a debacle.