Fewer than 500 R.I. businesses secured PPP loans in July, $128B in funds left

PROVIDENCE – With just over a week until the U.S. Small Business Administration’s Paycheck Protection Program ends, interest among Rhode Island small business has dwindled. Fewer than 500 Rhode Island small businesses received forgivable loans during the entire month of July, according to an update published Tuesday. By comparison, 6,800 state businesses were approved for…

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