Small business rescue loans top $296 billion, rapidly nearing the program's funding limit [MSN Money]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: MSN Money
The program is quickly reaching its $9 billion limit and Congrs has yet to agree on new funding.© Provided by CNBCMuch-needed small busins aid is beginning to trickle out and more is expected in the weeks to come as banks start to disburse the rcue funds to Main Street. But the first-come, first-serve Payroll Protection Program of $9 billion in aid may be nearing a ceiling for loan commitmts, with more than . million loans giv approval at a value of more than $96 billion through Wednday afternoon, according to the Administration..Load ErrorIn fact, some lawmakers and advocat think the program's funding may top out within days. In an op-ed published in Barron's, S. Marco Rubio (R-Fla.)projected the program could run out of fundingThe SBA and Treasury Departmt have yet to release any formal statistics on total loan disbursemts from banks to small busins owners, with one sior administration official telling CNBC the information is not yet available, dpite multiple requts. The SBA did re
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News
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- European stocks close soft as global investors look ahead to Fed meeting [MSNBC.com]MSNBC.com
- JPMorgan's Phil Camporeale on 2026 market outlook [CNBC]CNBC
JPM
Earnings
- 10/14/25 - Beat
JPM
Sec Filings
- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- JPM's page on the SEC website