Trump: As of Today, the SBA Has Processed Over $70 Billion in Loans that Will Provide Much Needed Relief

‘On Friday we launched the Paycheck Protection Program to help small businesses keep workers on the payroll’

EXCERPT:

TRUMP: "As you know, on Friday, we launched the paycheck protection program to help small businesses keep workers on the payroll. As of today, SBA has processed over $70 billion in guaranteed loans, which is far greater then we would have ever thought at this time, I think, Steve, I don’t think we ever had any number like that in mind. That will provide much-needed relief for the more than 250,000 businesses that have applied for these loans, and these numbers will continue to rise quickly. Again, far greater than anything we could’ve expected. We thank you, and we thank the thousands of employees for responding.”

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