NEW #PPP REPORT:
➡️Lenders processed bigger #PPPLoans for wealthy customers at >2x speed of smaller loans for neediest smallbiz
➡️Treasury privately encouraged banks to limit lending to existing customers
➡️SBA & Treasury failed to issue guidance prioritizing underserved markets
https://twitter.com/COVIDOversight/status/1317141580696985600
Posted on Twitter/X ·
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Government Organization
Director of Digital- Reporter
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