Emergency small business loan program is off to shaky start amid blitz of applications
Banks are struggling to handle a massive surge of applications for loans aimed at helping small businesses keep workers on staff and pay other bills as the coronavirus pandemic takes a growing toll on the economy.How quickly the loans — which are forgivable if a small businesses retains its workers – can be disbursed is likely to determine what portion of the firms can survive the crisis, which has shut down restaurants, stores and other Main Street concerns across the […]
