Wells Fargo reaches PPP loan limit

 

After a mere number of days after the launch of the Paycheck Protection Program, Wells Fargo – one of the nation’s largest lending institutions – has announced that it has reached it’s $10M capacity and will no longer be able to provide PPP loans to small businesses in need. PPP loan applications are still being accepted by Become, here.

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.

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