Some small companies could get 2nd US relief loan: Treasury Secretary Mnuchin

Some small companies could get 2nd US relief loan: Treasury Secretary Mnuchin

New York (AFP) - Businesses suffering the most from the coronavirus crisis could receive a second round of financing under a federal emergency relief program, US Treasury Secretary Steven Mnuchin said Friday.He said sectors that have been especially battered such as travel and restaurants are prime candidates for another round of support under the Paycheck Protection Program, which was launched in April to provide support to smaller enterprises devastated by coronavirus shutdowns."There should be a second check available to the businesses that are the hardest hit," Mnuchin said in testimony be...


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