Springfield, MO

Log in Subscribe

$5B in PPP loans approved in 1st week of 2nd round

Posted online

The revived Paycheck Protection Program issued $5 billion in forgivable loans in its first week.

The Small Business Administration approved roughly 60,000 applications from nearly 3,000 lenders.

The $5 billion issued so far represents about 2% of the $284 billion the program has available to lend under the latest stimulus package.

Read more from The New York Times.


No comments on this story |
Please log in to add your comment
Editors' Pick
A Conversation With ... Dr. Gregory Ledger

Mercy Springfield Communities' new chief medical officer says herd immunity may be on the way this year for COVID-19, but an annual booster shot is likely to combat the virus.

Most Read