EIGHTEEN OUT of 23 members of the Rhode Island Bankers Association were accepting and processing applications through the U.S. Small Business Administration's Paycheck Protection Program as of Monday afternoon, with two more to join them on Tuesday.
PROVIDENCE – While national banks have struggled with the rollout of a fast-moving federal loan program designed to help small businesses cover payroll expenses, Rhode Island banks quickly stepped up. As of Monday, 18 of the 23 members of the Rhode Island Bankers Association were accepting and processing applications for the U.S. Small Business Administration's…
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