The scramble for small business loans goes on
April 29, 2020
Timing and relationships have been key to the success of several local small businesses that received loans in the first round of funding from the federal Paycheck Protection Program (PPP). The $350 billion fund dried up within days, leaving some businesses empty handed and hoping to get a piece of the $310 billion second round of funding that is funneled through lending institutions.
For access to this article please sign in or subscribe.