07-04-2020 19:35 via ocregister.com

Treasury seeks $200 billion more for small business coronavirus aid

By Laura Litvan, Steven T. Dennis and Saleha Mohsin, Bloomberg
The Treasury Department will ask Congress for $200 billion more to aid small businesses, according to a person familiar with the matter, and Senate Majority Leader Mitch McConnell said the Senate could act as soon as this week to provide additional money.
Businesses have rushed to tap the $350 billion Paycheck Protection Program that was part of the massive $2.2 trillion stimulus passed by Congress in response to the economic crisis
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