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Lenders Worry They Could be Stuck with Billions in PPP Loans
American Banker, May 11, 2020–Jim Dobbs (subscription)
Banks could end up holding many low-rate Paycheck Protection Program loans on their books for two years, and dealing with irate borrowers who failed to meet federal requirements for forgiveness.
https://www.americanbanker.com/news/lenders-worry-they-could-be-stuck-with-billions-in-ppp-loans