Update: PPP Loan Data Continues to Show that Big Bank Consolidation has Hampered Small Business Relief

Date: 15 Jun 2020 | posted in: agriculture | 0 Facebooktwitterredditmail

After Congress authorized a second round of PPP funding in May, news stories suggested that the big banks, like JP Morgan Chase and Bank of America, were picking up the pace and catching up to small banks. Yet data on total PPP lending through June 6 continue to show that a greater presence of big banks in a state correlates with fewer relief loans made to small businesses.… Read More

ILSR & Allies Urge Congress to Act on Small Business Crisis

Date: 14 Apr 2020 | posted in: agriculture, Retail | 0 Facebooktwitterredditmail

Hundreds of thousands of small businesses shuttered by COVID-19 are at risk of closing for good in the coming weeks. To protect Main Street jobs, workers, and businesses while they hibernate and adapt to save lives during the pandemic, the Institute for Local Self-Reliance has joined a range of allies in demanding a federal small business aid program that meets this moment.… Read More

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