Friday, May 1, 2020

JPMorgan Chase secures $15 billion for second round of PPP funding

The $2.6 trillion megabank only managed to get 27,000 PPP loans through the first round, totaling about $14 billion at an average loan size of roughly $500,000.

https://nypost.com/2020/05/01/jpmorgan-chase-secures-15-billion-for-second-round-of-ppp-funding/

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