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U.S. to cap individual firms' lending through emergency loan program: memo

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Home Blogs > Business
Apr 26 '20 | By oiam2companyadmin | Views: 39 | Comments: 0

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The U.S. Small Business Administration (SBA) plans to cap how much institutions can lend under the Paycheck Protection Program designed to keep workers on payrolls amid the novel coronavirus, according to a memo seen by Reuters.
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Source: https://www.reuters.com/article/us-health-coronavirus-usa-lending/u-s-to-cap-individual-firms-lending-through-emergency-loan-program-memo-idUSKCN2280Q1?feedType=RSS&feedName=businessNews

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