Page 13 - அமெரிக்கன் வணிக குடியேற்றம் கூட்டணி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

POLITICO False hopes’: Small business rescue faces crunch just days after Congress extended it The cash crunch is sneaking up on policymakers only days after Congress and the Biden administration agreed to give businesses another two months to apply for the loans. President Joe Biden promised to support small businesses with more generous loan terms implemented last month. | Drew Angerer/Getty Images Link Copied Washington s nearly $1 trillion small business rescue, now under the watch of President Joe Biden, is about to slam into a new obstacle it’s already running out of money. The Small Business Administration is warning lawmakers that funds for the Paycheck Protection Program, which offers forgivable loans to small businesses, will likely dry up later this month, well before the May 31 deadline for firms to request aid. As of last week, it had about $66 billion remaining out of the nearly $292 billion appropriated by Congress since December.

United statesErik asgeirssonRebecca shiSenate small businessSenate small business committeeAmerican instituteAmerican business immigration coalitionSmall business chair ben cardinஒன்றுபட்டது மாநிலங்களில்ஏறிக் அகெய்ர்ஸ்ஸோன்ரிபேக்க ஷிசெனட் சிறிய வணிகசெனட் சிறிய வணிக குழுஅமெரிக்கன் நிறுவனம்அமெரிக்கன் வணிக குடியேற்றம் கூட்டணிசிறிய வணிக நாற்காலி பென் கார்டின்