Congress Extends Small Business Loan Program for 5 Weeks

Senator Schumer’s move last night to pass an extension of the Paycheck Protection Program in the US Senate resulted in the House of Representatives passing the measure today, sending it to the President’s desk. Here’s the NY Times report:

WASHINGTON — The House on Wednesday agreed to extend for five weeks a popular pandemic relief loan program for small businesses, sending President Trump legislation to give companies more time to apply for federal help under an initiative created by the stimulus law…read on