President Trump Update on Small Business Coronavirus Support
2020-04-08T10:01:44-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvOGE1XC8yMDIwMDQwODEwMDU1MDAwMV9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==President Trump, Treasury Secretary Steven Mnuchin and Small Business Administration (SBA) Administrator Jovita Carranza hosted a conference call at the White House with executives from major and regional banks to discuss initiatives to provide relief to small businesses during the coronavirus pandemic. The executives talked about their efforts to lend money to small businesses in order to maintain payroll and other business operations. Secretary Mnuchin said he was working with congressional leaders to secure an additional $250 billion to replenish the SBA’s Paycheck Protection Program, which was created as part of the CARES Act relief legislation and has been facilitating the loan applications.
President Trump, Treasury Secretary Steven Mnuchin and Small Business Administration (SBA) Administrator Jovita Carranza hosted a conference… read more
President Trump, Treasury Secretary Steven Mnuchin and Small Business Administration (SBA) Administrator Jovita Carranza hosted a conference call at the White House with executives from major and regional banks to discuss initiatives to provide relief to small businesses during the coronavirus pandemic. The executives talked about their efforts to lend money to small businesses in order to maintain payroll and other business operations. Secretary Mnuchin said he was working with congressional leaders to secure an additional $250 billion to replenish the SBA’s Paycheck Protection Program, which was created as part of the CARES Act relief legislation and has been facilitating the loan applications. close
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