The Paycheck Protection Program was included in the $2 trillion CARES Act passed by Congress on March 26. It’s a $349 billion chunk meant to provide funding for small businesses to cover eight weeks of their own payroll. The Treasury Department was still changing the rules when the applications went live last Friday. Bank of America was initially lending only to current BofA “borrowing clients,” leaving many of their customers out in the cold. By Sunday, Wells Fargo announced on Twitter that it had “reached lending capacity” and wouldn’t take any more applications. The Wall Street Journal reported huge restaurateurs were exploiting loopholes to request funding meant for small businesses, and Tuesday it was reported that President Trump removed Inspector General Glenn Fine from his post…View Original PostThe post Barbecue Joint Owners Grapple With Payroll Relief appeared first on Texas Monthly.