McConnell Says Small-Business Loan Program Needs More Funding

  • 📰 WSJ
  • ⏱ Reading Time:
  • 2 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Senate Majority Leader Mitch McConnell aims to approve more funding this week for the $350 billion small-business loan program to help firms hit by the pandemic, citing huge demand

In a statement, Mr. McConnell said the $350 billion loan program would soon need more funds because of the huge demand for the federal assistance. He said he would work with Senate Minority Leader Chuck Schumer and the Trump administration to approve the funding this week.

With lawmakers out...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The intro has been a train wreck and the constant changing of criteria and calculation has made it difficult when it was supposed to be easy

Yeah, those Private equity firms can't wait to get their hands on that $ that was meant to go to small businesses. The tax cuts the GOP gave them wasn't enough for them. How much will Koch & others like him get, who have hundreds of small companies within their conglomerates.

Where is the current funding? It is being rumored that sba has told banks to hold the funds...even if the loan is already sba approved. Have companies actually received the PPP funds?

Time for this warthog to go. Didn't mean to demean warthogs.

Keep it targeted or SpeakerPelosi will have a provision forcing each American to adopt a polar bear tagged to the bill.

With no oversight, most likely.

How small is a small business?

HERE COMES THE BOUNCE UP OFF VWAP

SPY HAS TO TEST HIGH OF THE DAY, THEN IT HAS TO FILL GAP DOWN TO 248 AT SOME POINT

HOLY VIX JUST FLEW UP, THEY ARE GOING TO TANK THIS MARKET WITH ALL THIS CURRENCY DEVALUATION

Just got a response from WellsFargo on my position on their waiting list. Even though I 'made it' on their list, they will not be able to assist me with my PPP. Where is wsj CNBC latimes nytimes FoxBusiness ?

He needs to spend $6 trillion more ..

How much is earmarked for those elected to Congress with pass-through entities?

How to redesign your life and in doing so unleash your creative potential and imagination to redirect your career after getting laid off laidoff career creative potential imagination dschool

Where did the other $ go? No one has been funded? Who got the $?

No surprise here. Probably need 2x at the least PPPloans

If your small government and fiscal conservatism can't help you in a disaster, what good is your ideology?

What the hell happened to the $2T?!?!?

But socialism or something

Dotard's Easter Sunday Exorcism On PPV! MAGAVirus Watch preview 👇

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Senate will vote to pass more small business aid Thursday, McConnell saysTHAT IS REALLY BAD, THE CURRENCY DEVALUATION WILL CAUSE HYPER INFLATION, DO THESE IDIOTS REALIZE THEY ARE NATIONLIZING THE CAPITAL MARKET. DO YOU KNOW WHAT THAT MEANS? MILK AT $100 more free money marcorubio Yea I went to the HouseDemocrats and HouseGOP with my ideas last night - because I truthfully believe that Pelosi has a more powerful voice than any Senator. I am sure you don’t disagree.
Source: CNBC - 🏆 12. / 72 Read more »

New York Extends School, Non-Essential Business Closures To April 29, Andrew Cuomo SaysNew York Governor Andrew Cuomo announced that schools and non-essential businesses are to be remained closed through April 29. “Public health is our first concern,” Cuomo said. Cuomo is… Prime Minister BorisJohnson has been moved to intensive care after his CoronaVirusUpdate symptoms.. ..Covid_19 Corona Stay safe NY! WE LOVE YOU! StayHomeSaveLives
Source: DEADLINE - 🏆 109. / 63 Read more »

Tracy Morgan Says 'F--- Show Business' in Emotional Thank-You Message to First RespondersWhile on 'The Howard Stern Show' Monday, Tracy Morgan gave an emotional thank-you to first responders and medical professionals: 'F— show business! These people are out there on the front line dealing with this sh—' As a first responder I appreciate this TracyMorgan thank you. Shout out to Brooklyn!! The always eloquent Tracy Morgan...he knows about miraculous cures...as soon as his civil suit against Walmart was settled...he was healthy and robust enough to re-enter showbiz! Hallelujah! Nobody likes a liar
Source: THR - 🏆 411. / 53 Read more »

Small Business Stimulus Loans: Bank Of America Has Received Applications For $32.6 Billion, Wells Fargo Says It Can’t Meet Demand Due To Fed RestrictionsBank of America has seen applications from 177,000 small businesses that account for $32.6 billion, while Wells Fargo says it can't meet demand due to fed restrictions by theothersarahh theothersarahh Wells Fargo wont because they dont want to, crooks theothersarahh uh , then lift the restrictions theothersarahh I wonder if they'd lend to one with one.
Source: Forbes - 🏆 394. / 53 Read more »

Small Business Stimulus Loans: Bank Of America Has Received Applications For $32.6 Billion, Wells Fargo Says It Can’t Meet Demand Due To Fed RestrictionsDemand for the Paycheck Protection Program under the CARES Act is skyrocketing. tiger DIAGNOSED WITH THE coronavirus VIRUSE at BronxZoo in NewYork. nice to hear that somebody now small businesses exist
Source: Forbes - 🏆 394. / 53 Read more »

SoftBank-backed GetYourGuide says it can survive for years after shortening employee hou... - Business InsiderHow SoftBank-backed GetYourGuide will survive travel's 'nuclear winter' with 50% founder pay cuts and shorter working hours Hantavirus has sent further shockwaves..symptoms o...
Source: BusinessInsider - 🏆 729. / 51 Read more »