For any small business owner that needs to apply for a loan their is some good news. Secretary Mnuchin announced that the emergency small business funding mechanism will be administered through the Treasury FDIC system rather than the SBA. The contact point for the loans will be any FDIC bank so you should be able to go directly to a local bank and apply for emergency funding rather than having to go through the cumbersome SBA loan process.
Mnuchin describes how this will work here
Hat tip to Sundance at The Conservative Treehouse
