Small Business Administration Says It's Out Of Money For PPP Loans

The Paycheck Protection Program (PPP) has run out of its initial $349 billion funding, leaving many small businesses without support. The Senate is at a standstill over additional funding, with Republicans seeking $250 billion more and Democrats wanting allocations for minority-owned businesses and additional emergency funding for hospitals and local governments. Criticism arises over the program's rollout and the potential economic impact of inaction.

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