Wells Fargo reaches PPP loan limit

Wells Fargo reaches PPP loan limit

Wells Fargo reaches PPP loan limit
Reading Time: < 1 minute(Last Updated On: April 7, 2020)

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.

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