Major Fixes Made to Small-Business Loan Program

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New law overhauls Paycheck Protection Program, the federal aid program to help small businesses during the coronavirus pandemic, giving companies more time and flexibility to spend funds

WASHINGTON—President Trump on Friday signed into law a bill giving companies more time and flexibility to spend funds from the federal aid program to help small businesses during the coronavirus pandemic.

The new law overhauls the Paycheck Protection Program, which provided $660 billion to help companies generally with fewer than 500 employees.

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Thank you, President Trump! Proud of your hard work! SEE: One America News on Twitter Reports: Deep State, Soros, Obama fuel riots to hurt President Trump

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