Small business loans above $2 million will get full audit to make sure they're valid, Mnuchin says

Singapore News News

Small business loans above $2 million will get full audit to make sure they're valid, Mnuchin says
Singapore Latest News,Singapore Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

for exclusive insights and analysis, and live business day programming from around the world.

for exclusive insights and analysis, and live business day programming from around the world.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Australia's Westpac sees over $2 billion hit to earnings amid virusAustralia's Westpac sees over $2 billion hit to earnings amid virusWestpac Banking Corp said it would write down more than A$3.67 billion ($2.36 billion) in its first-half results, with most of the charges stemming from the economic deterioration expected from the coronavirus outbreak.
Read more »

Pelosi, Schumer demand small business carve-out as SBA restrains loansPelosi, Schumer demand small business carve-out as SBA restrains loansNancy Pelosi and Chuck Schumer are pressing the Trump administration to set aside at least $10 billion in small business rescue money for minority banks and other community lenders
Read more »

Public companies took far more small business loans than first thought — here's the latest tallyPublic companies took far more small business loans than first thought — here's the latest tallyData from FactSquared, a Washington D.C.-based data analytics firm, shows the full extent that public companies successfully navigated emergency funding.
Read more »

Small Business Loans Site Crashes On 1st Day Of ReopeningSmall Business Loans Site Crashes On 1st Day Of ReopeningBankers have been piling up Paycheck Protection Program applications for small businesses since April 16, when the loan fund ran out of money. It reopened today after Congress added $321 million, but no one can file because the website keeps crashing.
Read more »

Large companies returning their small business loans amid backlash - Business InsiderLarge companies returning their small business loans amid backlash - Business InsiderPublicly traded companies are now required to return loans under the Paycheck Protection Program. Private ones like Sweetgreen are returning them too.
Read more »

Pizza shop owner on being 'left out' from small business loansPizza shop owner on being 'left out' from small business loansMSNBC's Vaughn Hillyard speaks to a pizza shop owner in Glendale, Arizona who thus far has not been able to receive an emergency loan through the Paycheck Protection Program. Despite being 'way ahead of the curve' in applying for the money, the shop owner says he has not been able to secure any funds and has been frustrated as he watches that money go to hundreds of publicly traded corporations.
Read more »



Render Time: 2025-03-12 17:57:25