Today, the Treasury Department and Small Business Administration announced that the Paycheck Protection Program, offering forgivable loans to help small businesses weather the COVID-19 crisis, has used up the $349 billion pool of funds initially allocated to it. The $10 billion appropriated for Economic Injury Disaster Loans through the SBA has also been expended. MORE.
- April 16, 2020
Rich May (Massachusetts): Small Business Loan Programs Run Out of Funding
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