PPP loan applicants start to see funding come through; lenders plan to ramp up distribution this week

CENTREVILLE BANK has started distributing funds into the accounts of accepted PPP loan applicants, with plans to ramp up distribution this week. / COURTESY CENTREVILLE BANK
PROVIDENCE – Chris Bicho originally anticipated making a second round of layoffs on Friday. Amid the abrupt economic shutdown, the owner and founder of Newport-based Landings Real Estate Group had cut 28 people from his staff of 78 and planned to lay off another nine. But after learning he would be receiving the much-anticipated paycheck…

Want More?

Subscribe or register with Providence Business News to keep reading.

for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -

No posts to display