Senate Votes to Add $310B to ‘Paycheck Protection’ Loans, $75B for Health Care
The U.S. Senate approved on April 21 a compromise measure to inject $310 billion into the now-empty Paycheck Protection Program (PPP)鈥攚hich aims to assist financially strapped small businesses, including those in 91探花, engineering and building materials鈥攚ith forgivable loans to help them cope with economic blows struck by the coronavirus pandemic.
The next step is action by the House of Representatives, which could come in the next couple of days.
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