The money is meant to replenish the Paycheck Protection Program, a potentially important lifeline for real estate professionals.
Source: Inman News
Senate approves $310B in new funding for small business loan program
Published in Agent, congress, Coronavirus, donald trump, Industry News, Markets & Economy, Mitch McConnell, News Brief, pandemic, paycheck protection program, PPP, President Trump, real estate, SBA, Select, senate, trump and U.S. Small Business Administration
More from AgentMore posts in Agent »
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Stop waiting for permission: Why leadership starts with self-trust
- Leadershift: How brokers and team leaders can prepare for 2026
- Stop freaking out about 50-year mortgages. They might save the housing market
More from congressMore posts in congress »
- How a government shutdown would affect real estate agents
- How politics and policy are fueling the housing crisis in 2025
- Yes, it’s a ‘big, beautiful bill’ — for the real estate industry at least
- Legislation takes aim at hedge fund landlords — but challenges remain
- Leigh Brown is running for Congress — again
More from CoronavirusMore posts in Coronavirus »
- The internet fell hard for real estate in 2021. But can the love affair last?
- Los Angeles apartment owners sue over COVID rent freeze
- Demand for urban homes will be ‘muted’ for years: McKinsey
- Chris Heller: Brokerages and teams are playing chicken. Who will win?
- Will migration fizzle out in 2023? History points to existential shift
More from donald trumpMore posts in donald trump »
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
- The rise of AI fakes could erode trust in real estate marketing
- Fannie and Freddie build net worths for planned Q2 2026 public offering
- Government shutdown nails housing programs in Week 2
- Feds charge Trump nemesis Letitia James with bank fraud
More from Industry NewsMore posts in Industry News »
- Zillow defends private listing rule, criticizes Compass in new filing
- NAR’s Kevin Sears: We need to ‘show everybody that we as Realtors are pro-consumer’
- Despite unease, Compass poised to retain most Anywhere agents
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- Offerpad home sales, acquisitions hit new low in Q3 2025
More from Markets & EconomyMore posts in Markets & Economy »
- Leadershift: How brokers and team leaders can prepare for 2026
- Stop freaking out about 50-year mortgages. They might save the housing market
- What’s driving multifamily’s market resurgence?
- The inventory surge is sputtering. See how your market stacks up
- Homebuying off to strongest November start since 2022
More from Mitch McConnellMore posts in Mitch McConnell »
- Realtors get inside look at Capitol Hill politics, including Roe v. Wade
- Republicans eye liability insurance for CARES Act 2
- Small business loan program runs out of money after less than 2 weeks
- Making sense of the Senate’s coronavirus stimulus bill for real estate agents
- Real estate biz leaders join call for gun reform
More from News BriefMore posts in News Brief »
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Zillow hit with new class-action suit over alleged broker kickbacks
- Real partners with MAXA Designs on agent marketing platform
- Zillow says CoStar uses litigation ‘playbook’ to ‘attack’ competitors
More from pandemicMore posts in pandemic »
More from paycheck protection programMore posts in paycheck protection program »
- Merger of Lower and Thrive would give Veritex 12.5% ownership stake
- Real estate agents received billions in PPP loans during the pandemic
- LA broker sentenced to 10 years for role in pandemic relief scheme
- Agents get an average of $12,500 in forgivable PPP loans: MooveGuru
- The Paycheck Protection Program is back. Here’s what you need to know
More from PPPMore posts in PPP »
- Miami Luxury agent Daniela Rendon pleads guilty to PPP fraud
- Ready to saddle up and make the move to Montana? The Real Word
- Real estate agents received billions in PPP loans during the pandemic
- Agents get an average of $12,500 in forgivable PPP loans: MooveGuru
- The biggest leadership lesson I learned in 2020: Let go
More from President TrumpMore posts in President Trump »
- Fed governor sues Trump over ‘unprecedented and illegal’ firing
- Small lenders oppose combining Fannie, Freddie into single entity
- Trump tells Federal Reserve governor Lisa Cook to ‘resign now’
- Luxury market ‘as strong as ever’ despite broader slowness
- May CPI misses projections even as tariff effects hold off
More from real estateMore posts in real estate »
- Inman is celebrating 30 years of community, and you’re invited
- ‘Selling the OC’ drops today. Get to know the agents
- 7 lessons the Marines taught this CEO about running a brokerage
- Why ‘leadership’ shouldn’t be a dirty word in real estate
- Got $20? Here’s how to fulfill your marketing needs (with AI) in 2025
More from SBAMore posts in SBA »
- Stop asking AI for tax advice (and start using it for this instead)
- Fire country: A growing threat to homes, lives, real estate careers
- Scores of real estate companies took home large PPP loans
- Small business loan program ends with billions unspent
- Some landlords got aid money. Many others were excluded
More from SelectMore posts in Select »
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Stop waiting for permission: Why leadership starts with self-trust
- Leadershift: How brokers and team leaders can prepare for 2026
More from senateMore posts in senate »
- RealPage may catch break under Trump’s ‘One, Big, Beautiful Bill’
- Lawmakers urge investigation into Zillow acquisition of ShowingTime
- Politicians: Election will be referendum on Trump’s handling of the pandemic
- Cash en route to small businesses after House approves new stimulus bill
- Real estate biz leaders join call for gun reform
More from trumpMore posts in trump »
- There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regulator
- Fannie Mae guts ethics and internal investigations unit: WSJ report
- Fannie and Freddie build net worths for planned Q2 2026 public offering
- Trump administration lays out 5-year goals for Fannie, Freddie
- Government shutdown nails housing programs in Week 2
More from U.S. Small Business AdministrationMore posts in U.S. Small Business Administration »
- Lender launches small business loan portal for contractors
- Real estate scores $10.7B as small business loan program runs out of gas
- Small business loan program runs out of money after less than 2 weeks
- Real estate firms nab $8B in small business stimulus loans
- What’s going on with the chaotic small business loan program?
Be First to Comment