Small business financing

President Donald Trump speaks during a meeting with restaurant industry executives about the coronavirus response, in the State Dining Room of the White House, Monday, May 18, 2020, in Washington. (AP Photo/Evan Vucci)
SKY News
May 18, 2020 - 5:47 pm
WASHINGTON (AP) — Restaurant owners gave President Donald Trump a sobering accounting Monday of the widespread damage the coronavirus pandemic has dealt their industry and asked him to adjust a loan program for small businesses to address their concerns. The president put a hopeful spin on the...
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President Donald Trump pauses while speaking about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 23, 2020, in Washington. (AP Photo/Alex Brandon)
SKY News
April 24, 2020 - 8:40 am
WASHINGTON (AP) — President Donald Trump will hold a signing ceremony Friday for a bill providing a nearly $500 billion infusion of coronavirus spending, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and 1 in 6 U...
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U.S. Capitol
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SKY News
April 23, 2020 - 6:14 pm
WASHINGTON (AP) — Congress delivered a nearly $500 billion infusion of coronavirus spending Thursday, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one in six U.S. jobs. The measure passed almost unanimously,...
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Treasury Secretary Steven Mnuchin speaks as U.S. President Donald Trump looks on during the daily coronavirus task force briefing at the White House on April 21, 2020 in Washington, DC.
Getty Images
SKY News
April 21, 2020 - 6:29 pm
WASHINGTON (AP) — A $483 billion coronavirus aid package flew through the Senate on Tuesday after Congress and the White House reached a deal to replenish a small-business payroll fund and provided new money for hospitals and testing. Passage was swift and unanimous, despite opposition from...
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FILE - In this April 13, 2020, file photo President Donald Trump listens as Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room at the White House in Washington. The Trump administration and Congress are nearing an agreement as early as Sunday, April 19, on a $400-plus billion aid package to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing. (AP Photo/Alex Brandon, File)
SKY News
April 20, 2020 - 12:14 am
WASHINGTON (AP) — The Trump administration and Congress expect an agreement Monday on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing. As talks continued, President Donald Trump said there’s a “...
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Senate Majority Leader Mitch McConnell of Ky., walks to his office on Capitol Hill in Washington, Thursday, April 9, 2020. Senate Democrats on Thursday stalled President Donald Trump's request for $250 billion to supplement a "paycheck protection" program for businesses crippled by the coronavirus outbreak, demanding protections for minority-owned businesses and money for health care providers and state and local governments. (AP Photo/Patrick Semansky)
SKY News
April 16, 2020 - 1:50 pm
WASHINGTON (AP) — With a key coronavirus rescue fund exhausted, lawmakers faced new pressure Thursday to break a stalemate over President Donald Trump’s $250 billion emergency request to replenish the program that helps small businesses keep workers on their payroll. Senate Minority Leader Chuck...
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Rep. Alexandria Ocasio-Cortez, D-N.Y., left, wears a face mask to fend off the coronavirus as she listens to Senate Minority Leader Chuck Schumer, D-N.Y., speaks during a news conference to call on FEMA to grant approval for Disaster Funeral Assistance to help families in lower-income communities and communities of color across New York pay for funeral costs amid the coronavirus pandemic, Tuesday, April 14, 2020, in Corona neighborhood of the Queens borough of New York. (AP Photo/Mary Altaffer)
SKY News
April 15, 2020 - 10:32 pm
WASHINGTON (AP) — With a key coronavirus rescue fund nearly exhausted, negotiations are accelerating in Washington over President Donald Trump’s $250 billion emergency request to help smaller employers across the country keep workers on their payroll. Senate Minority Leader Chuck Schumer and...
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FILE - In this April 3, 2020, file photo, the seats and aisles are empty as seen through the window of the closed Penndot Drivers License Center in Butler, Pa. Some owners who got their money said they're now feeling more confident about being able to retain their employees after businesses closed due to the coronavirus outbreak. (AP Photo/Keith Srakocic, File)
SKY News
April 13, 2020 - 7:47 pm
NEW YORK (AP) — The flow of money to small businesses under the government's $349 billion coronavirus relief plan is picking up momentum although many company owners are still waiting and wondering. Money that was held up by technological and legal issues and the sheer volume of applications began...
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FILE - In this Nov. 13, 2019, file photo Federal Reserve Board Chair Jerome Powell testifies on the economic outlook, on Capitol Hill in Washington. On Wednesday, Jan. 29, 2020, the Federal Reserve issues a statement and economic projections, followed by a news conference with Fed Chair Jerome Powell. (AP Photo/Jose Luis Magana, File)
SKY News
April 06, 2020 - 5:22 pm
WASHINGTON (AP) — The Federal Reserve said Monday it will support the government's $349 billion small business lending program, which had a rocky start Friday. The Fed said that it will buy loans that banks make to small businesses as part of the program, which is being carried out by banks and the...
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Clade Karim takes a take out order over the phone for Falafel House in downtown Grandin on Monday night, March 30, 2020. Karim is friends with the owner and is a self proclaimed volunteer helper for the restaurant. (Heather Rousseau/The Roanoke Times via AP)
SKY News
March 31, 2020 - 5:22 pm
NEW YORK (AP) — Small businesses seeking loans through the government's $2 trillion coronavirus relief package could receive money as soon as Friday. That prediction came Tuesday from senior administration officials who spoke to reporters about the details of the loan program. Companies will be...
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