Small businesses came out in a funding frenzy this past Friday as the Paycheck Protection Program launched. Community banks took on the mass majority of applications; numbers from big banks are yet to come. Bank of America did report that they received more than 10,000 in the first hour alone. More to come.
Reading Time: < 1 minute(Last Updated On: April 5, 2020)
Disclaimer: The information contained in this article is provided for informational purposes only, should not be construed as legal advice on any subject matter and should not be relied upon as such. The author accepts no responsibility for any consequences whatsoever arising from the use of such information.