With the SBA accepting applications for the second round of PPP loans through the end of March, lenders should prepare for another influx
To date, more than $525B in Paycheck Protection Program (PPP) funds have been made available to help U.S. businesses in the wake of the economic downturn caused by the COVID pandemic. With the U.S. Small Business Administration (SBA) accepting applications for the second round of PPP loans through the end of March, lenders should be preparing for another influx in SBA loan requests if they have not yet done so.
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