Small-business loan terms eased under U.S.

Small-business loan terms eased under U.S. House-passed bill

Reuters

Published 28 May 2020

The U.S. House of Representatives on Thursday approved legislation increasing the amount of time, to 24 weeks from the current eight weeks, for small businesses to use Paycheck Protection Program (PPP) loans spurred by the coronavirus outbreak.

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Small-business loan terms eased under U.S. House-passed bill

Small-business loan terms eased under U.S. House-passed bill

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