SBA Announces Opening of Paycheck Protection Program Direct Forgiveness Portal
… The U.S. Small Business Administration (SBA) is launching a streamlined application portal to allow borrowers with … the SBA and lenders have worked to originate over 11.7 million loans totaling nearly $800 billion in relief to … approved over 6.5M loans totaling over $275B The average loan size was ~$42 thousand (compared to $101 thousand in …