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Trump signs coronavirus bill reviving fund for small-business loans | New York Post



President Trump on Friday signed a nearly half-trillion-dollar coronavirus relief bill that replenishes money for small-business loans to prevent layoffs.

The $484 billion bill is the fourth large coronavirus deal and revives the Small Business Administration’s Paycheck Protection Program, which ran out of funds last week.

The bill also has $75 billion for hospitals and $25 billion for COVID-19 testing.

Trump hailed the bill as “great for small businesses, great for the workers” and said it would “extend relief to thousands of African American and Hispanic American business owners.”

#Trump #SmallBusinesses

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