Concerns arise that PPP loans will run out early

Concerns arise that PPP loans will run out early

Concerns arise that PPP loans will run out early
Reading Time: < 1 minute(Last Updated On: April 14, 2020)

With $349 billion allocated for the Paycheck Protection Program, and $217 billion (roughly 62%)  worth of loans already approved, business owners (and lenders) are expressing concerns that the funds will run out before everybody gets the help they need.

Congressional leaders are still debating how exactly an additional $251 billion will be distributed. It appears that more money is on its way, but the question of “when” still remains to be answered.

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