Stampede for emergency loans is crushing lenders, putting millions of small businesses at risk. Here are steps to fix the system
April 06, 2020 at 12:56 PM EDT
The delays gaining access to SBA-backed emergency loans under the $349 billion Paycheck Protection Program are putting millions of businesses at risk of closing, threatening their employees, suppliers and communities. Major banks and community lenders are unprepared to handle the influx of applications.
