YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
President Donald Trump says the Small Business Administration processed more than $50 billion worth of loans in the first 24 hours of the second round of the Paycheck Protection Program.
"So far, we’ve processed an amazing 450,000 loans totaling over $50 billion," Trump said yesterday at an event for small businesses at the White House. "Demand is extraordinarily high and there are already twice as many users accessing the system as on any day under the first round."
The second round contains $320 billion worth of forgivable loans for small businesses. Trump said more than 1.6 million small businesses received over $340 billion in the first round.
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