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ASTA lobbying to get more federal aid for travel agents

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Comments (2)
  1. cayhey says:

    SBA limits grants now to $1,000 per employee and PPP grant is for 8 weeks pay + some overhead. I applied for both as soon as applications were online. Not heard from either SBA or bank. They certainly aren’t playing FIFO. As an IC working on 1099’s my state automatically denied my unemployment claim despite CARES.

  2. neal1 says:

    I see funding from the CARES Act is going to be an issue for agencies, and a bigger issue for independents. Each bank has limited funds to distribute. I have a feeling they are going to take care of their larger customers first in applications. By the time they come around to agencies that do $20 mil or less, and independents, funds will be dried up. They may be cherry picking. Capital One ( a major bank) still isn’t even accepting applications yet 11 days after this went into affect. They are testing with certain accounts, and we know what that means. Wells Fargo went thru their funds in a couple days and aren’t taking anymore from what I heard. Yet the program goes thru June. What does that tell you? Good luck everyone.

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