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Loan program ends as small firms seek second PPP relief
New York reports the stalled Paycheck Protection Program, worth 523 billion in loans for 5.1 million recipients, ends Saturday. Hard-hit owners push Congress for a second loan, while critics warn the 50 percent revenue threshold would exclude many. Restaurant groups, manufacturers, and service firms urge broader aid and flexibility.
MENTIONED IN THIS ARTICLE
New York
Congress
Molly Day
National Small Business Association
Sean Kennedy
National Restaurant Association
Remien
Chris Netram
National Association of Manufacturers