$10 Billion PPP to Distressed Communities

NTD Newsroom
By NTD Newsroom
June 1, 2020US News

President Trump’s administration announced on Thursday it is setting aside $10 billion of additional funding for the Paycheck Protection Program (PPP).

This comes as part of a second funding round under the PPP. It will be lent by Community Development Financial Institutions—which work to expand economic opportunity in low-income communities.

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