The number of coronavirus cases in Michigan has doubled, and it is increasing rapidly every day. Most of the pressure is on hospitals for medical treatment. The governor asked us to stay home, and most businesses are closed, except essential ones. However, small businesses are bearing the brunt of the economic crisis brought on by the coronavirus pandemic. Most are either closed or operating on a limited basis.
Wayne County, the State of Michigan, and the federal government are providing loans and grants to small businesses in addition to unemployment assistance to employees. Journalist Khalil Hachem discussed the financial aid with Khalil Rahal, Assistant County Executive responsible for overseeing economic development in the county.
Rahal said that all small businesses are eligible to apply either for grants or loans, and he encourages business owners to visit the county's website for resources at https://www.waynecounty.com/departments/econdev/covid-19-resources.aspx
Brigitte Jaward Hachem, loan manager at Infiniti One Corp, urges residents to contact their mortgage companies and ask them for help. She recommends residents beware of what they sign to avoid ruining their credit score.
The episode was broadcast: 2/4/2020
US Arab Radio can be heard on wnzk 690 AM, WDMV 700 AM, and WPAT 930 AM.
To listen to the program from all USA, you can dial 1605.472.9011
To listen directly please visit arabradio.us/live
Please visit: www.facebook.com/USArabRadio/
Web site: arabradio.us/
Youtube: US Arab Radio
Online Radio: www.radio.net/s/usarabradio
Twitter: twitter.com/USArabRadio
Instagram: www.instagram.com/usarabradio/
YouTube: US Arab Radio