Nearly half--47 percent--of PPP loan applications have been approved as of May 4, 2020. That number is a significant increase from April 20, 2020 when only 18 percent of PPP loans were approved. The typical processing time was 15 days.
Nearly half--47 percent--of PPP loan applications have been approved as of May 4, 2020. That number is a significant increase from April 20, 2020 when only 18 percent of PPP loans were approved. The typical processing time was 15 days.
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