NEW YORK – The Trump administration has dispensed about $530 billion to millions of small businesses to cushion them from the sharp downturn induced by the coronavirus.

The question is: how effective will the Paycheck Protection Program be? Some small business owners say the program’s low-cost loans have enabled them to forestall layoffs or rehire staff – and they appreciate that the loans are forgiven if they spend the bulk of the money saving jobs.

However, even with these incentives, the program is running up against a brutal reality: unemployment is rising to Depression-era levels and a deep recession has settled upon Main Streets across the country even as states begin to restart their economies.

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Molly-Mae Hague admits she went on Love Island ‘for business reasons’ and didn't expect to find love

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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