Showing posts with label Small Business Administration. Show all posts
Showing posts with label Small Business Administration. Show all posts

Wednesday, February 10, 2021

SBA and lenders take more steps to improve Paycheck Protection Program

Loan data shows 1.3 million loans and significant increase

to underserved entrepreneurs

WASHINGTON – Today, the U.S. Small Business Administration and lenders are taking more strides to improve the Paycheck Protection Program (PPP) so that small businesses can access much needed PPP funds to persevere through the pandemic, recover, and build back better.  The Administration is working with the Agency to increase equitable access to underserved small businesses, to assure the integrity of the program, and to promote rapid and efficient distribution of funds.

This week, the SBA hit a major milestone of