Paycheck protection, small business lending program on hold after reaching limit
April 16, 2020
By JOYCE M. ROSENBERG and ANDREW TAYLOR NEW YORK (AP) — The government’s lending program for small businesses is on hold. The Small Business Administration said Thursday that it reached the $349 billion lending limit for the program, after approving nearly 1.7 million loans. Thousands of small business owners whose loans have not yet been…