The deadline for small businesses to apply for forgivable loans from the Paycheck Protection Program is Saturday, but bipartisan efforts designed to improve and extend the program have been hampered by the slow pace of talks between White House and Democratic negotiators on a broader coronavirus aid deal. Lawmakers from both parties say they back reopening the program to new loans as well as making changes to help smaller businesses. Aides and lawmakers say senators on the Small Business Committee are largely in agreement...

Source: Wall Street Journal August 08, 2020 14:37 UTC