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U.S. small firms leave $150 billion in coronavirus stimulus untapped

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U.S. small firms leave $150 billion in coronavirus stimulus untappedWhen the U.S. government first rolled out forgivable loans to small businesses in early April under the Paycheck Protection Program, loan officers at Bank of the West in Grapevine, Texas worked nights and weekends to process a tsunami of applications. On May 15 the bank stopped taking applications for PPP loans. All told, the SBA says it had approved $512.2 billion in PPP loans as of May 21.




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U.S. small firms leave $150 billion in coronavirus stimulus untapped U.S. small firms leave $150 billion in coronavirus stimulus untapped Reviewed by TUNI ON LINE CENTER AMBIKAPUR on मई 26, 2020 Rating: 5

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