Money | General Motors US Lends GM Another $2B Funds mean firm can keep working towards restructuring deadline By Nick McMaster Posted Apr 24, 2009 2:03 PM CDT Copied General Motors world headquarters is shown in Detroit, Tuesday, April 21, 2009. General Motors Corp. could get as much as $5 billion more in federal loans. (AP Photo/Paul Sancya) The Obama administration provided General Motors with another $2 billion in low-cost federal loans today, MarketWatch reports. The funds are intended to keep the company operating as it attempts to restructure ahead of a June 1 deadline. GM has so far received $15.4 billion in loans from the government. Read These Next Trump's 'own morality' is his only restraint, per Trump. Gates decries worsening child mortality. They saw skulls in his car, found 'horror movie' in his home. The pro tennis tournament let her play, and it did not go well. Report an error