The Government’s Small Business Loan Money Is Gone. Now What?
Apr 16, 2020
On Thursday morning, the $349 billion emergency small business lending program officially tapped out. The Small Business Association officially ran out of money for the Paycheck Protection Program, according to a message for lenders posted on the administration’s website.Negotiations on Capitol Hill have yet to generate a path forward to replenish the money, all as the U.S. economy continues to stagger under the pressure of near-nationwide closures. Read more at CNN.
