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SBA processes $70B in small-business coronavirus loans

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President Donald Trump yesterday announced the Small Business Administration has processed more than $70 billion in loans for small businesses impacted by the coronavirus pandemic.

"We are going to be providing tremendous amounts of money to the small businesses of our country who have been absolutely clobbered, and they'll be keeping open and they'll be paying their employees and they'll be all set to go," he said.

Trump also indicated he'll request another $250 billion from Congress for the paycheck protection program.

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