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 […]
Already a subscriber? Log in

Want to Read More?

Get immediate, unlimited access to all subscriber content and much more.
Learn more in our subscriber FAQ.

Subscribe Now