//Government's small business lending program on hold after reaching lending limit

Government's small business lending program on hold after reaching lending limit

The government’s paycheck protection loan program for small businesses is on hold. The Small Business Administration said that it reached the $349 billion lending limit for the program. Thousands of small business owners whose loans have not yet been processed must now wait for Congress to approve a Trump administration request for another $250 billion for the program. Lawmakers have been haggling over whether to