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16 Jun 2020

6.16.20 Retail sales are up; EIDL loans are again available for small business owners

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Post by MoneyRadio Staff

Retail sales rose a record 18% in May. That’s the biggest monthly increase since 1992. Clark discusses what this means for the economy.

The SBA EIDL program has been hard to follow with rules that have changed frequently. But the SBA just re-opened EIDL loans for small businesses who have been hit hard by the pandemic. You can call 1-800-659-2955 or email disastercustomerservice@sba.gov for more information.

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