PPP runs out of funds, SBA unable to accept new applications

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The SBA’s Paycheck Protection Program, enacted to help businesses deal with the COVID-19 pandemic by providing loans so small businesses can keep their workers on the payroll, ran out of funding Thursday morning and SBA is no longer able to accept new applications at this time.

https://news.cuna.org/articles/117595-ppp-runs-out-of-funds-sba-unable-to-accept-new-applications