More PPP Funds Would Help CDFIs Lend Money To Micro Businesses
PYMNTS
APRIL 14, 2020
CDFIs — which exist in all 50 states, the District of Columbia, Guam, Puerto Rico and the U.S. Those loans are forgivable if used primarily for payroll over the course of eight weeks. For more survey results, click here. That’s some 53 days longer than the PPP aid that the government is offering.
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