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After approving a $2 trillion coronavirus relief package just weeks ago, Congress added another $484 billion for health care, but mostly to revive a $349 billion loan program for small businesses that run out of money shortly after it opened.

Money could start flowing to distressed small businesses as early as this week, after the House overwhelmingly approved a $484 billion measure that refills the exhausted Paycheck Protection Program and adds funds for hospitals and other services. Read more»

Business owners said they have had trouble tapping a $350 billion loan program aimed at helping small businesses through the coronavirus shutdown. An overwhelming number of applications and complex rules have slowed the program’s delivery of funds in its first week.

While Congress and the White House are promising to add billions to the Paycheck Protection Program, some small businesses say they are just trying to hang on long enough to get the money there now. Read more»