Small businesses can apply for forgivable COVID-19 loans Friday
Story Date: 4/2/2020

 

Source: Jim Saksa, ROLL CALL, 3/31/20


Small businesses shuttered by coronavirus countermeasures can start applying for emergency loans to cover payroll and other costs as soon as Friday, according to Treasury Department guidance.  The Treasury published fact sheets for lenders and borrowers Tuesday for the $349 billion Paycheck Protection Program that was part of the $2.3 trillion economic lifeline package enacted March 27.

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