U.S. approves $168 billion of small business loans under coronavirus plan -White House's Kudlow
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The United States has approved 661,000 loans to small businesses totaling $168 billion under a program to address the fallout from the novel coronavirus epidemic, White House economic adviser Larry Kudlow said on Friday.
"We're now at 661,000 loans approved. ...$168 billion have been approved by this government," Kudlow said in an interview with Fox Business Network.
A $2.3 trillion economic stimulus enacted last month allocated $349 billion to loans to small businesses hurt by the crisis that can be turned into grants if they meet certain conditions.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Larry Kudlow
- White House
- Fox Business Network
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The headline is incorrect. UT Austin and Rice University are not Ivy League schools. The Ivy League is an athletic conference consisting of eight private universities in the Northeastern United States. The members are Brown University, Columbia University, Cornell University, Dartmouth College, Harvard University, the University of Pennsylvania, Princeton University, and Yale University.
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