Marco Rubio

@marcorubio ↗

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Last Checked Nov. 20, 2022

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Mon Apr 13 21:52:15 +0000 2020

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Marco Rubio @marcorubio

#PPP UPDATE 4/7: 3rd:Lots of misplaced questions raised about disbursement SBA can’t tell you how much has been disbursed because govt $ not the source of the disbursement funds Disbursement comes from cash lenders have on deposit Govt 💴 is guarantee it will be paid back — PolitiTweet.org

Posted April 13, 2020 Hibernated

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Marco Rubio @marcorubio

#PPP UPDATE 3/7: 2nd:Main reason some #smallbusiness having trouble getting into PPP is banks are overwhelmed with applications. Even the biggest banks are struggling with the level of demand. One of the characteristics of crisis is that demand is greater than initial capacity. — PolitiTweet.org

Posted April 13, 2020 Hibernated

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Marco Rubio @marcorubio

#PPP UPDATE 5/7: 4th:Claim that we don’t need more $ approved yet because very little has been disbursed is WRONG Amount disbursed is irrelevant to need for additional funds. What’s relevant is amount approved. Lenders will stop approving #PPPloans when $ for guarantee runs out. — PolitiTweet.org

Posted April 13, 2020 Hibernated