The White House warned on Friday that small businesses would miss out on $100 million a day in loans if there is a shutdown because Congress is unable to fund the government before a weekend deadline. Administration officials argued in a memo that a shutdown would have “devastating consequences for small businesses and needlessly undermine America's economic progress.” A shutdown, according to the White House, would force the Small Business Administration (SBA) to stop processing new loans for small businesses and that small businesses loan applications wouldn’t move forward each weekday the government is shut down. The White House said that a shutdown would deny more than $100 mill
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