Newsmakers: Banks rally to the rescue — again

FEB 1

Last year, the U.S. Small Business Administration’s Paycheck Protection Program issued 5.1 million loans totaling $525 billion to businesses and industries across the country, saving millions of jobs and enabling untold business owners to avoid closing their doors as the COVID-19 pandemic brought the economy to a screeching halt.

Another $300 billion has been allocated for PPP loans this year as the program moves…