A $350 billion small business bailout, a vital fiscal lifeline for millions of enterprises facing certain doom at the hands of coronavirus-inspired lockdowns, may be dead on arrival due to fears of banks doing the lending. Thousands of banks expected to participate in the Trump administration’s coronavirus stimulus loan program for small businesses are getting cold feet at the eleventh hour, representatives from those banks told a handful of media outlets on Thursday. If they pull out, the entire future of the program is uncertain – and with it the future of millions of American small businesses that employ half the country’s workforce
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