Deal for More Aid for Small Business; Outbreak of Severe Storms in the South
PAULA HANCOCKS, CNN INTERNATIONAL CORRESPONDENT: Up and down those country roads. There will be so many stories of heartbreak in the coming hours. But right now the most profound, Heidi Stevenson Constable (ph) from that force (ph), a mother of two, died. And many people here talking about a motive, right, but how -- people say, how can you make sense of this in any kind of a motive? Police called it a random act. He knew some of the victims. Did not know others. And, Alisyn, you have to think, we're in the middle of a lockdown. How do you even begin to mourn these people properly.</s>ALISYN CAMEROTA, CNN ANCHOR: Oh, my gosh, it's horrible on so many levels, Paula. Thank you very much for the reporting. Bring us anything new that you have. Back here in the U.S., if you're a small business owner, listen up, the White House says a $450 billion deal to replenish the relief funds for small businesses could be announced as soon as today. But what do we know about the fine print? Well, CNN international anchor Julia Chatterley joins us now. So what's happening?</s>JULIA CHATTERLEY, CNN ANCHOR AND CORRESPONDENT: Let me walk you through that fine print. Good morning, Alisyn. It clearly can't come soon enough. We're talking about potentially up to another $310 billion to be allocated to the PPP, the Paycheck Protection scheme. Also likely to be around another $60 billion for the Economic Injury Disaster Loan Program. That gives grants of up to $10,000. So that would be useful, too. The key questions for me, one, conditionality, will there be a chunk of this money allocated to what we call underserved businesses. When I was hearing about the details, the contours of this, at the back end of last week, I was hearing no conditions. We spoke to Treasury Secretary Steve Mnuchin this weekend. He didn't really hint at this too. Fast forward to today and we've had time now to analyze some of the data that's come from the Small Business Administration about the last chunk of money. Guys, 25 percent plus of the money that was given went to just 2 percent of businesses. It went to big businesses with established relationships. I can give you a name. Shake Shack was one of those that got some money. The CEO came out over the weekend and said, look, we're giving the money back, all $10 million. There are more deserving causes. And he's absolutely right. So when we get the details of this, will there be conditions attached? But, guys, John, the money just needs to come. That's the bottom line. Part of the issue is with the banks, Julia. It's that there are some companies that were approved for these loans but then the bank can't process them quickly enough.</s>CHATTERLEY: Right. No, you're completely right and we'll talk later on in the show about the online lenders because the key difference, I think, between what we're going to see this time around and what we saw last time is, you've got access points for some of the smallest businesses in the country, and that will be key.</s>JOHN BERMAN, CNN ANCHOR: Yes, they've got to figure it out.</s>CHATTERLEY: Yes, they do.</s>BERMAN: They've got to figure it out because the money has got to get out to the people who need it.</s>CHATTERLEY: Yes.</s>BERMAN: All right, Julia, thanks very much. More than 5 million people in the southeastern U.S. under the threat of severe storms and tornadoes. CNN meteorologist Chad Myers with the forecast. Chad.</s>CHAD MYERS, AMS METEOROLOGIST: John, mainly across parts of Georgia and northern Florida right now, but it will continue for the rest of the day. Tomorrow gets better. And, guess what, we're back into this again on Wednesday. Severe weather season is certainly here, so let's get to it here. Not what we had last week certainly with over 100 tornadoes on Easter. Yesterday, only seven. But the weather continues. It moves towards Savannah and Jacksonville and all the way down across parts of the big bend there of Florida. Could even see a couple showers and thunderstorms around Charleston this morning. This is what your radar looks like right now. And we'll move it ahead for you. As you move offshore, those winds will get strong again around Charleston, maybe toward Tybee, maybe Edisto (ph) will see some showers and then more weather across parts of Memphis for late tonight. Notice, that's 11:00. But now I move you ahead to Tuesday, 3:00. The chance for some weather through New York likely not big, severe weather. But if you look, this is Wednesday, 8:00. We're back in it again in Dallas and all the way to Texarkana. John.</s>BERMAN: All right, Chad, watching that very closely. Chad, thank you very much. There is still a crucial demand for personal protective equipment to help prevent the spread of coronavirus. Up next, one doctor's harrowing story. How he tried to get some and it led to a visit from the FBI.