Catch-22 for EIDL Another example of government not thinking anything through
Small business need SBA loans because they are closed and have no revenue. But... they don't qualify because they are closed and have no revenue.
No one gave the SBA rules for this pandemic or told them not to use their regular strict rules. The regular rules exclude small business that aren't doing well because their credit score is low and they are a risk to to pay back the loan.
But those businesses that the SBA is excluding are the ones that most needed the EIDL and the reason why the EIDL was created. You would think that someone, anyone in the vast bureaucracy would have some common sense to figure this out. Unbelievable.
Lawrence spent his career solving the problems of major businesses. He created software, business processes and systems that save millions of dollars a year and make people’s work life easier and more productive.
He was a founding partner in a company which is instrumental in streamlining the practice of medicine and helping both patients and Doctors cope with the problems created by government health care.
During an assignment on the 98th floor of the WTC in 1993, he experienced first hand Islamic Terrorists' nearly successful attempt to take down the WTC. He and tens of thousands of others were trapped in the building in darkness and choking smoke.
After the government’s whitewashing denial of the root cause of the bombing - the evil built into Islam, the deepening confusion of American values, the negative end results of unnecessary and even immoral government intervention, the deterioration of the US economy and widespread systemic government corruption and unchecked power, he founded The Society Project to provide a blueprint for restoring our unique government Of the People, not Above the people, as it has become.
The Society project is dedicated to restoring the Constitutional Republic of the United States by educating, motivating and facilitating people to act to repair our society, through the Amendment process, before our society becomes another of the world’s failures.