US approves $168 billion of small business loans under coronavirus plan

The United States has approved 661,000 loans to small businesses totaling $168 billion under a program to address the fallout from the novel coronavirus epidemic, White House economic adviser Larry Kudlow said on Friday.&quot;We're now at 661,000 loans approved. ...$168 billion have been approved by this government,&quot; Kudlow said in an interview with Fox Business Network.A $2.3 trillion economic stimulus enacted last month allocated $349 billion to loans to small businesses hurt by the crisis that can be turned into grants if they meet certain conditions. cnxps.cmd.push(function () { cnxps({ playerId: '36af7c51-0caf-4741-9824-2c941fc6c17b' }).render('4c4d856e0e6f4e3d808bbc1715e132f6'); });if(window.location.pathname.indexOf("/jpost-tech/")!=-1){ document.getElementsByClassName("divConnatix")[0].style.display ="none"; var script = document.createElement('script'); script.src = 'https://static.vidazoo.com/basev/vwpt.js'; script.setAttribute('data-widget-id','616dd69d1b04080004ac2cc0'); document.getElementsByClassName('divVidazoo')[0].appendChild(script); }else if(window.location.pathname.indexOf("/israel-news/") != -1 || window.location.pathname.indexOf("/omg/") != -1 || window.location.pathname.indexOf("/food-recipes/") != -1 || window.location.pathname.indexOf("/science/") != -1){ document.getElementsByClassName("divConnatix")[0].style.display ="none"; var script = document.createElement('script'); script.src = 'https://static.vidazoo.com/basev/vwpt.js'; script.setAttribute('data-widget-id','60fd6becf6393400049e6535'); document.getElementsByClassName('divVidazoo')[0].appendChild(script); }else if(window.location.pathname.indexOf("/health-and-wellness/") != -1){ document.getElementsByClassName("divConnatix")[0].style.display ="none"; var script = document.createElement('script'); script.src = 'https://player.anyclip.com/anyclip-widget/lre-widget/prod/v1/src/lre.js'; script.setAttribute('pubname','jpostcom'); script.setAttribute('widgetname','0011r00001lcD1i_12246'); document.getElementsByClassName('divAnyClip')[0].appendChild(script);}else if(window.location.pathname.indexOf("/breaking-news/") != -1){document.getElementsByClassName("divConnatix")[0].style.display ="none";var script = document.createElement('script'); script.src = 'https://player.anyclip.com/anyclip-widget/lre-widget/prod/v1/src/lre.js'; script.setAttribute('pubname','jpostcom'); script.setAttribute('widgetname','0011r00001lcD1i_12258'); document.getElementsByClassName('divAnyClip')[0].appendChild(script);}

US approves $168 billion of small business loans under coronavirus plan

Reporters' Tweets