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. Ruben Alonso, president of the CDFI loan fund AltCap in Kansas City, Mo., Those loans are forgivable if used primarily for payroll over the course of eight weeks.
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