$10B of PPP funding set aside for CDFI lending

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The SBA announced Thursday it is setting aside $10 billion of Paycheck Protection Program Round 2 funding to be lent exclusively by CDFIs. As of May 23 CDFIs have approved more than $7 billion ($3.2 billion in Round 2) in PPP loans.

https://news.cuna.org/articles/117889-10b-of-ppp-funding-set-aside-for-cdfi-lending