General Motors Gets Loan $4 Billion

On Friday General Motors Corp. has borrowed the additional $4 billion from the Treasury Department, that means the automaker has received a loan from the U.S. government with a total $19.4 billion.

GM started taking loan from goverment in December and said it intended to borrow $2.6 billion more by June 1 and an additional $9 billion after that. But in a regulatory filing Friday, GM said it needed $1.4 billion sooner than originally forecast.

The company didn't publicly disclose how it will use the money but said it provided the information to Treasury officials, and they considered the loan acceptable.