Tag Archives: economy

Fed extends small business aid lending program by 3 months

By Ayelet Sheffey, Business Insider Ahead of its expiration date on March 31, the Federal Reserve Board announced on Monday that it is extending the Paycheck Protection Program (PPP) Liquidity Facility through the end of June, allowing continued distribution of funds through the PPP to small businesses. The PPP was implemented under the CARES Act in March, and