Tuesday, July 7, 2020
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Senate Approves Extending Small-Business Program

WASHINGTON — The Senate on Tuesday evening declared extending the application period to get a relief program for smaller companies, awarding five extra months for its rest of the cash left in the app to be invested.

Greater than four hours prior to the Paycheck Protection Program was scheduled to shut with $130 billion nevertheless accessible for loans to small companies trying to keep their own payrolls, the Senate approved expanding the program phase and allowing small companies for help until Aug. 8.

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