Senate passes extension of popular small-business loan program

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Source: The Hill
By Jordan Carney
March 25, 2021

The Senate on Thursday passed legislation extending a popular small-business program created by Congress last year during the coronavirus downturn.

Senators voted 92-7 to extend the deadline for applying for the Paycheck Protection Program (PPP), which provides loans to small businesses impacted by the coronavirus, from March 31 to May 31.

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