Comment on A $350 Billion Loan Program Is Supposed to Save Small Businesses. But Banks Are Balking.

A $350 Billion Loan Program Is Supposed to Save Small Businesses. But Banks Are Balking.

Thomas Wells is sympathetic to the hundreds of small businesses that have been knocking on the doors of his bank’s 59 branches this week. They all want to know how to apply for a loan through Washington’s massive new program that aims to stop Main Street from collapsing during the coronavirus pandemic.

 

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