Small-Business Loans Expected to Start Friday, Mnuchin Says

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Treasury Secretary Steven Mnuchin said he expects details will be released later Monday on how small businesses disrupted by the coronavirus pandemic can tap a new loan program likely as soon as Friday

WASHINGTON—Treasury Secretary Steven Mnuchin said he expects details will be released later Monday on how small businesses disrupted by the coronavirus pandemic can tap a new loan program Congress passed last week.

The roughly $2 trillion economic relief package President Trump signed into law Friday includes nearly $350 billion in loans for companies with fewer than 500 employees, which will be administered by the Small Business Administration.

 

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Small business loans; big business bailouts. Parity at its finest.

Will small businesses also be required to live on $17/day? Or since so much is going to corps, are they expected 12$/day?

love how the corporations are getting 'never have to pay it back wink wink' loans, and they are creating a mountain of paperwork for all the little guys and will NEVER forgive the loan....but that's only right, eh ?

BOY,,WOULD IT NOT BE GREAT TO SEE ALL LIAR THRUMPS,, secretary's like the us treasure steven Mnuchin and other appointees by this corrup djt adm all gone/. well we have 7 months 4 days before we go vote/.we will correct the big problem then/.

Why does he always look like he is farting?

As long his cronies 'tap in' first, all will be well

Can't wait for the day Mnuchin joins the other trump cronies in jail. What he did to people in California during the 2008 recession is criminal!!!!

put people back to work in sections where virus is low quarantine peope who r sick wear gloves and masks to work

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Who Is Eligible For Small Business Loans In The Economic Stimulus Package?The law provides clear guidelines on what small businesses are eligible, and what their loans will look like.
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