Statement from Secretary Steven T. Mnuchin and Administrator Jovita Carranza on the Success of the Paycheck Protection Program
… Paycheck Protection Program WASHINGTON – Today, U.S. Small Business Administration Administrator Jovita Carranza and … with $10 billion of assets or less. No lender accounted for more than 5% of the total dollar amount of the program. … “The vast majority of these loans—74% of them—were for under $150,000, demonstrating the accessibility of this …