Sunday, 05 Jul 2020 06:59 AM MYT
WASHINGTON, July 5 — US President Donald Trump yesterday signed into law a deadline extension to August 8 for small businesses to apply for relief loans under a federal aid programme to help businesses hurt by the Covid-19 pandemic, the White House said. An estimated US$130 billion of the US$659 billion provided by Congress is still up for grabs. Critics worry the US Small Business Administrator's office, which administers the loan, may continue to experience challenges in fairly distributing the funds.