Community banks originate $1.8B+ in PPP loans so far

Community banks originate $1.8B+ in PPP loans so far

Community banks originate $1.8B+ in PPP loans so far
Reading Time: < 1 minute(Last Updated On: April 5, 2020)

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.

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