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U.S. approves $168 billion of small business loans under coronavirus plan: Kudlow

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The United States has approved 661,000 loans to small businesses totaling $168 billion under a program to address the fallout from the novel coronavirus epidemic, White House economic adviser Larry Kudlow said on Friday.

“We’re now at 661,000 loans approved. ...$168 billion have been approved by this government,” Kudlow said in an interview with Fox Business Network.

A $2.3 trillion economic stimulus enacted last month allocated $349 billion to loans to small businesses hurt by the crisis that can be turned into grants if they meet certain conditions.

 

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Alright. Now do people next.

I hope they also accompany it with implementation guidelines / most banks still denying loans

The democrats are going to hate this. 😐

This should highlight the enormous hypocrisy of these capitalist libertarians as they take tax money to give to big businesses because big businesses are a failure of capitalism not a success.

100% of them seem to be connected to realDonaldTrump ! I have not gotten a dime

Oh no oh no

The United States has approved 6,61,000 loans to small industries.

How much of that will go to Trump’s businesses and those of their donor?

They should be grants, seeing as how the Fed, and the central banks caused this problem in the first place! FilmyourHospital EmptyHospitals CoronaVirusHOAX

This dude will never get the COVID19.. I'm convinced the more liquor in your system, the safer you are. But hey, I'm not a doctor nor a scientist. 🤷‍♀️

168 billions out of 2.2 trillions and with a recently fired watchdog inspector that was going to supervise the money? Yeap we got screwed again.

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