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Federal bailout money bypasses hard-hit N.Y., California for North Dakota, Nebraska

Federal bailout money bypasses hard-hit N.Y., California for North Dakota, Nebraska

From his office in Bismarck, North Dakota, Alan Haut started preparing for the coronavirus relief bill before it had even been passed by Congress. North Dakota had experienced only a handful of deaths from the COVID-19 pandemic, and the state’s Republican governor, Doug Burgum, hadn’t issued a shelter-in-place order or required businesses to close. But as district director of the federal Small Business Administration office in Bismarck, Haut wanted to be ready. So he began convening community banks and entrepreneurs and sharing early drafts of applications to what would become the $349...

April 24, 2020
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