Small Firms Still in Dark on Loan Forgiveness as Clock Ticks
- Agency missed deadline last week to give guidance on grants
- Loans forgiven if spent on payroll and costs in eight weeks
Closed businesses stand in Dallas, Texas, U.S.
Photographer: Rebecca Smeyne/BloombergThis article is for subscribers only.
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Small businesses that struggled to get loans from a government pandemic relief program still don’t know how much they may have to repay after the government missed a deadline to give specific guidance.