{"id":2823,"date":"2020-04-16T09:09:44","date_gmt":"2020-04-16T13:09:44","guid":{"rendered":"https:\/\/www.indianz.com\/covid19\/?p=2823"},"modified":"2020-04-16T09:09:44","modified_gmt":"2020-04-16T13:09:44","slug":"secretary-steve-mnuchin-and-administrator-jovita-carranza","status":"publish","type":"post","link":"https:\/\/indianz.com\/covid19\/2020\/04\/16\/secretary-steve-mnuchin-and-administrator-jovita-carranza\/","title":{"rendered":"Secretary Steve Mnuchin and Administrator Jovita Carranza"},"content":{"rendered":"<h1>Statement by Secretary Mnuchin and Administrator Carranza on the Paycheck Protection Program and Economic Injury Disaster Loan Program<\/h1>\n<p><strong>April 15, 2020<\/strong><\/p>\n<p><strong>WASHINGTON \u2013 <\/strong>Today, U.S. Treasury Secretary Steven T. Mnuchin and U.S. Small Business Administration Administrator Jovita Carranza issued the following statement regarding the Paycheck Protection Program and Economic Injury Disaster Loan Program:<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cThe SBA has processed more than 14 years\u2019 worth of loans in less than 14 days.&nbsp; The Paycheck Protection Program is saving millions of jobs and helping America\u2019s small businesses make it through this challenging time.&nbsp; The EIDL program is also providing much-needed relief to people and businesses.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cBy law, the SBA will not be able to issue new loan approvals once the programs experience a lapse in appropriations.&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cWe urge Congress to appropriate additional funds for the Paycheck Protection Program\u2014a critical and overwhelmingly bipartisan program\u2014at which point we will once again be able to process loan applications, issue loan numbers, and protect millions more paychecks.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cThe high demand we have seen underscores the need for hardworking Americans to have access to relief as soon as possible.&nbsp; We want every eligible small business to participate and get the resources they need.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By law, the Small Business Administration will not be able to issue new coronavirus related loan approvals once the programs experience a lapse in appropriations.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[7],"tags":[205,341,304,330,235],"class_list":["post-2823","post","type-post","status-publish","format-standard","hentry","category-institutions","tag-h-r-748","tag-jovita-carranza","tag-sba","tag-steve-mnuchin","tag-treasury"],"jetpack_featured_media_url":"","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/posts\/2823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/comments?post=2823"}],"version-history":[{"count":1,"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/posts\/2823\/revisions"}],"predecessor-version":[{"id":2824,"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/posts\/2823\/revisions\/2824"}],"wp:attachment":[{"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/media?parent=2823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/categories?post=2823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/tags?post=2823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}