The letter comes on the day the Trump administration will start accepting applications for small business loans after a pause.
and 21 other senators on Monday urged the Trump administration to take more steps to ensure the small businesses devastated most during the coronavirus pandemic do not get shut out of a key government lifeline.and Small Business Administrator Jovita Carranza, the lawmakers urged the administration to make public the measures it will put in place to make sure loans are not "unjustly enriching" companies in less dire financial need.
"Every loan that provides a windfall for an applicant who does not truly need it results in one fewer loan made to a struggling small business owner whose employees could be truly helped by this funding," the senators wrote.
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