• U.S. Treasury Secretary Mnuchin: As long as the small business uses money to pay employees, the loans will be forgiven - Fox Business

Market news

30 March 2020

U.S. Treasury Secretary Mnuchin: As long as the small business uses money to pay employees, the loans will be forgiven - Fox Business

  • We will release instructions for small businesses on how to obtain stimulus loans/grants today
  • Small business will get eight weeks of payroll
  • Small business lending could start early on Friday
  • If small business program runs out of money, administration will ask for more
  • Believes U.S. stock prices will be higher one year from now

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