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Tag Archives: Small Business Administration

With SBA’s PPP and disaster funds exhausted, agency turns to Congress for more

The $349 billion Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDLs) are tapped out after a hurried and uneven rollout that extended private lenders beyond capacity and left many businesses in peril. Officials from the Small Business Administration, the federal agency responsible for rolling out both programs, said lenders processed more than 14 ...

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