When did the initial funding of $175 billion for small businesses start?
Second Round Of PPP Loaned $175 Billion To Businesses In A Week

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
April 1st
May 1st
April 15th
April 27th
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the average size of loans issued in the second round?
$150,000
$50,000
$79,000
$100,000
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much funding was reserved for small lenders in the second round?
$45 billion
$75 billion
$30 billion
$60 billion
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the condition for loan forgiveness under the PPP?
Loans must be used for marketing expenses
Loans must be repaid within a year
Funds must be used for equipment purchase
Funds must be used to keep employees on payroll for eight weeks
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who mentioned the possibility of extending the program to a third round?
Larry Kudlow
The Vice President
The President
The Treasury Secretary
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