En Masse Small Businesses Make Grab for Government Relief
John Rice, NSA CEO
The Small Business Administration’s $350 billion lifeline for small businesses had some growing pains to say the least yesterday, Friday, April 3rd. But that is not to suggest that they were not successes … by 9 a.m. on Friday, institutions had already processed approximately 700 loans totaling around $2.5 million to provide small businesses the relief they so desperately need. And, although slower than would have been preferred, the spigot began to open wider as the day went on.
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