Treasury Secretary Steven Mnuchin on Tuesday requested an additional $250 billion commitment from Congress to add to the current $349 billion Paycheck Protection Program
California businesses have already received more than $239 million in loans from the Small Business Administration (SBA), far more than those in any other
The Paycheck Protection Program allows small businesses affected by the pandemic to apply for up to $10 million from Small Business Association approved lenders.
The Small Business Administration’s (SBA) platform for processing loan applications crashed for hours on Monday.
The New York Times reported that banks were unable to
Bank of America and JPMorgan Chase are accepting applications from small businesses for the coronavirus stimulus loan program.
The largest lenders in the U.S. were