Newsmakers: Banks rally to the rescue — again

Second draw PPP loans provide a lifeline for many, but lighter activity due to new restrictions

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 […]

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