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Most of the loans requested and made have been for economic injury to businesses in a far wider geographic area, stretching over several counties near New York City.
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And Wednesday, sources in congress said that the $18.5 billion in loans requested for the crucial auto industry's supplier companies, might not happen at all, and if it does, certainly not in that asked-for amount.
Charles E. Hall, the executive director of the oil and gas loan board, said the number of loans requested was "significantly lower than anticipated".
As The Economist went to press, the government was considering the loan request.
"The real issue is that the loan requests do not make sense," he wrote.
The loan requests come at a time when gas and oil prices are rising sharply.
Matthew Gilson, a photographer headed to Michigan on Friday, said he was troubled to learn the loan request was denied.
The loan request to the International Monetary Fund was essentially the same as the package that Egyptian officials had negotiated last spring, people familiar with the terms said.
The loan request is in addition to $25 billion in low-interest loans to be available from the Energy Department to assist automakers in developing more fuel-efficient vehicles.
The loan request is in addition to $25 billion in low-interest loans administered by the Department of Energy to assist automakers in developing more fuel-efficient vehicles.
Together, they will try to persuade lawmakers to act quickly on the loan requests at a special lame-duck session of Congress next week.
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