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: US strikes have begun and Iranians should overthrow government. Trump says attack killed Iran's supreme leader. We now know what might send bedbugs scurrying. Leaders around the globe react after US-Israel strikes on Iran. Report an error