Springfield, MO

Log in Subscribe

PPP runs out of money for most borrowers

Posted online

The Small Business Administration announced the Paycheck Protection Program has run out of money for most borrowers.

The second round of PPP funding is slated to end May 31.

The program only has funding left for community financial institutions. The SBA will continue to fund outstanding approved PPP applications but won't accept new applicants.

Read more from CNBC.


No comments on this story |
Please log in to add your comment
Editors' Pick
Wilson’s Creek visitor center reopens

Delays push $4.5M renovation project into 2021.

Most Read Poll
Are you planning to travel this summer?

This poll is not a scientific sampling. It offers a snapshot of what readers are thinking.

View results