House passes extension of coronavirus small business loan deadline

  • 📰 CNBC
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The legislation extends the deadline to apply for forgivable Paycheck Protection Program loans to Aug. 8.

The House votes to extend the deadline to apply for forgivable Paycheck Protection Program loans during the coronavirus pandemic, sending the bill to President Donald Trump.The program is designed to help small businesses keep employees on payroll during closures designed to slow the pandemic's spread.

The legislation, which the Senate already approved, extends the deadline to request Paycheck Protection Program loans to Aug. 8 from June 30. The measure, passed in a unanimous vote, heads to PresidentCongress created the program as part of the $2 trillion pandemic rescue package passed in March. It aims to help small businesses keep employees on payroll during closures designed to slow the outbreak.

Congress first put $349 billion into the PPP, but the money quickly evaporated. It then injected another $310 billion into the program, with $60 billion set aside for small lenders in response to concerns that companies with no existing banking relationship had trouble getting loans.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

이제 시간이 끝났습니다. 코로나를 정확하게 성취하셨습니다. 2차한국전쟁 예언도 곧 성취됩니다. 성경에 기록된 7년 대환란이 일어납니다. 코로나와 메뚜기떼는 그 신호입니다. 마지막 말씀일수있습니다. GloriousMidweekService

GREAT!!!!! Now Pump More Money Into Your Starving About To Be Homeless PUBLIC CITIZENS So We Can Spend It At The Businesses - All For The Rich Of Course!

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости