President Trump on Friday signed a nearly half-trillion-dollar coronavirus relief bill that replenishes money for small-business loans to prevent layoffs.
The $484 billion bill is the fourth large coronavirus deal and revives the Small Business Administration’s Paycheck Protection Program, which ran out of funds last week.
The bill also has $75 billion for hospitals and $25 billion for COVID-19 testing.
Trump hailed the bill as “great for small businesses, great for the workers” and said it would “extend relief to thousands of African American and Hispanic American business owners.”
#Trump #SmallBusinesses
The New York Post is your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more.
Catch the latest news here: https://nypost.com/
Follow The New York Post on:
Twitter – https://twitter.com/nypost
Facebook – https://www.facebook.com/NYPost