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To be clear, this bill doesn't set aside more money to loan to small businesses. It only did two things: - made the existing SBA Disaster Loan program availab
by smallgovt 7y ago
To be clear, this bill doesn't set aside more money to loan to small businesses.
It only did two things:
- made the existing SBA Disaster Loan program available to businesses affected by CV19
- added $20M to help w/ administration of said loan program
There were talks about actually increasing the budget of the SBA loan program by $xxB. This bill did not do that.