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US senators attempt to advance bill lengthening coronavirus business loan terms

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Republican Senator Susan Collins said the legislation was being introduced in the Senate just before lawmakers were hoping to go on a week-long recess.

[WASHINGTON] Negotiators in the US Senate reached agreement on Thursday on legislation that would double the period of time in which small businesses can use Paycheck Protection Program loans, to 16 weeks from the current eight-week limit, according to a Senate aide.

The legislation,...

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