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Government nearing lending limit on small business program

Government nearing lending limit on small business program

As per reports, the government is approaching the $349 billion lending limit on its Paycheck Protection Program. The Small Business Administration reported Wednesday that it had approved more than 1.44 million loans totaling more than $311 billion, up more than $50 billion since Monday. The Trump administration has asked Congress for another $250 billion for the program.

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Chris
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