SBA and Treasury Department Announce $10 Billion for CDFIs to Participate in the Paycheck Protection Program
… in need of relief during the COVID-19 pandemic – a key priority for President Trump. “The forgivable loan program, PPP, is dedicated to providing emergency … As of May 23, 2020, CDFIs have approved more than $7 billion ($3.2 billion in Round 2) in PPP loans. The …