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Senate Majority Leader Mitch McConnell (R-KY) on Monday hoped “the Senate will soon take up and pass legislation that just passed the House” designed to loosen restrictions on how loans provided small business through the coronavirus Paycheck Protection Program can be spent, repaid and forgiven. Demand for the incredibly popular loans has eased as shifting guidance on how they are to be forgiven or repaid has shifted small business owners' attention from the loans' rewards to their risks. Click here to read the entire article.
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