Emergency small business loans end with $134 billion leftover as virus surges - Business Insider

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Emergency small business loans end with $134 billion leftover as virus surges - Business Insider
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Emergency coronavirus loans for small businesses are ending with $134 billion leftover — and there's little economic relief in sight as the pandemic drags on

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Congress is debating how to further aid the economy as it reels from record unemployment and a surge in new coronavirus cases. The Paycheck Protection Program has about $134 billion — or about 20% of the total $670 billion in funding designated for borrowers that was authorized by Congress — remaining in its final hours, after several rounds of changes and a rocky rollout.

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