Demand for Small Business Loans Cools

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Demand for Small Business Loans Cools
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Nearly two weeks after the government relaunched its small business aid program, more than 40% of the money is still available

WASHINGTON—When the federal government relaunched its small business aid program on April 27 with an additional $310 billion, lenders and business advocates warned the money would dry up within a few days.

Nearly two weeks later, more than 40% of the money remains available, according to figures released late Thursday by the Small Business Administration, even as small businesses continue to suffer from the fallout of the coronavirus pandemic.

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