‘Absolute chaos’ as businesses try to tap into rescue funds

THOUSANDS OF U.S. small businesses are entering their second week of waiting for federal loans related to the COVID-19 pandemic. / AP FILE PHOTO/STEVEN SENNE
THOUSANDS OF U.S. small businesses are entering their second week of waiting for federal loans related to the COVID-19 pandemic. / AP FILE PHOTO/STEVEN SENNE
NEW YORK (AP) – Desperate small-business owners who hoped for a quick government lifeline to help them survive the coronavirus crisis are still without funds, instead battling red tape, wary banks and swamped computer systems. Thousands of owners who applied for loans under the government's Paycheck Protection Program are in their second week of waiting…

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