BUSINESS LOAN talks hit snags.

WASHINGTON — Negotiations in Washington on a new $470 billion coronavirus aid package dragged on Monday, but the Trump administration and key lawmakers insisted a final pact is within reach.

President Donald Trump said he expects a Senate vote “hopefully” today.

As talks continued, the contours of the deal appear largely set. Most of the funding, some $300 billion, would go to boost a small-business payroll loan program that’s out of money. Additional help would be given to hospitals, and billions more would be spent to boost testing for the virus, a key step in building the confidence required to reopen state economies.

The emerging draft measure — originally designed by Republicans as a $250 billion stopgap to replenish the payroll subsidies for smaller businesses — has grown into the second largest of the four coronavirus response bills so far. Democratic demands have caused the measure to balloon, although they likely will be denied the money they want to help struggling state and local governments.

House Speaker Nancy Pelosi, D-Calif., told lawmakers on a conference call Monday evening that she expected an agreement to be clinched within hours, according to two people on the call who spoke on condition of anonymity to describe it.

The negotiators’ urgency shows how worried Republicans and Democrats are about the deteriorating economy, which has seen a spike in unemployment and led to the closing of many American firms. They are also dealing with growing political pressures amid bipartisan anger over how some of the bailout programs have been handled so far, particularly the uneven distribution of loans to small businesses.

The new package would amount to roughly $470 billion in new spending, with $370 billion directed to small businesses. About $75 billion would go to U.S. hospitals — those straining under a ballooning coronavirus caseload as well as those struggling to stay financially afloat after suspending elective surgeries during the pandemic. About $25 billion would be added for covid-19 testing, something states have said was urgently needed.

Trump hailed the emerging deal at his daily coronavirus briefing Monday evening, calling it “a great plan.”

“We’re talking about $75 billion for hospitals and other health care providers,” Trump said. “Many providers and their employees have taken a huge financial hit in recent weeks. … Hospitals have really been fantastic.”

The funds for testing emerged on Monday as one of the last things to resolve. Democrats were pushing for a “comprehensive national testing strategy,” Senate Minority Leader Charles Schumer, D-N.Y., said on Twitter. The Democrats were seeking “free testing for all, and expanding reporting and contact tracing,” Schumer said.

But Treasury Secretary Steven Mnuchin and other Trump administration officials were seeking a

“state-driven approach and flexibility,” according to a senior administration official who spoke on the condition of anonymity to describe the private talks.

The differing approaches echoed the dispute growing nationally as governors blame the federal government for the shortage of tests while Trump and other administration officials insist that there have been record numbers of tests performed and that governors need to try harder.

It wasn’t immediately clear what a solution to the testing dispute might look like, although officials involved said they were making progress on the issue.

The package comes several weeks after Congress devoted a record $2.2 trillion to arresting the economic fallout from the coronavirus, underscoring the depth of the crisis and the growing demand for a robust federal response. More than 22 million people have lost their jobs in the past month amid a dive into recession.

The new measure would seek to devote another $310 billion to the Paycheck Protection Program, an initiative created by last month’s Cares Act that was initially funded $350 billion but has since run dry. The Small Business Administration stopped accepting loan applications for the program last week after 1.6 million firms obtained taxpayer-backed, forgivable loans.