lending

Despite Confusion, Thousands Apply for Small Biz Loans

The Treasury Department and Small Business Administration (SBA) have rolled out applications for small businesses to receive forgivable loans for payroll and other basic expenses amid the economic toll of the COVID-19 crisis. However, banks, credit unions, and other lenders say the $349 billion program doesn’t offer clear guidelines on how to handle the massive…

Despite Confusion, Thousands Apply for Small Biz Loans Read More