Banks brace for millions of small-business loan requests as Trump coronavirus plan is put to test – The Washington Post

Banks brace for millions of small-business loan requests as Trump coronavirus plan is put to test – The Washington Post

The program, part of the $2 trillion financial rescue legislation that President Trump signed on Friday, offers small businesses 100 percent government-guaranteed loans, which will be forgiven if the company retains the workforce it had before the pandemic.

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