Why Banks are Putting PPP Forgiveness on the Back Burner

August 11, 2020

American Banker, Aug. 10, 2020–John Reosti (subscription)
The Small Business Administration began accepting applications Monday, but lenders such as JPMorgan Chase are holding off in hopes that Congress will grant blanket forgiveness for smaller Paycheck Protection Program loans.
https://www.americanbanker.com/news/why-banks-are-putting-ppp-forgiveness-on-the-back-burner