Tuesday, 26 May 2020

Trade groups ask for changes to small-business loan program

They called for "emergency legislative and administrative action" to repeal the program's requirement that 75 percent of the loan be used to cover payroll costs and 25 percent be used to cover mortgage, rent and utilities during an eight-week period.



source https://www.autonews.com/manufacturing/trade-groups-ask-changes-small-business-loan-program

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