Pandemic Loans Are Coming Due but Some Businesses Aren’t Ready to Repay

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Pandemic Loans Are Coming Due but Some Businesses Aren’t Ready to Repay
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Many small businesses that received federal pandemic aid are now on the hook for repayments and some say the timing couldn’t be worse

Milk Jar Cookies spent some of the funds from its loan on new packaging.

Many small businesses that received federal pandemic aid are now on the hook for repayments, and some say the timing couldn’t be worse.two years ago. The 20-person digital marketing agency made its first $1,600 loan payment this month, just as ad sales are softening.

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