U.S. House to vote on extending small business coronavirus loan program

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U.S. House to vote on extending small business coronavirus loan program
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Lawmakers in the U.S. House of Representatives plan to vote again next week on giving small businesses more time to utilize their coronavirus aid under the Paycheck Protection Program, House Speaker Nancy Pelosi said on Wednesday.

Pelosi, responding to a question at a news conference, said the Democratic-majority House would vote on legislation to extend loan repayment and rehiring timelines under the program.

With many businesses moving toward the end of their eight-week period, there are widespread calls to extend it.

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