R.I. businesses approved for $22.6M in economic injury loans

PROVIDENCE - Rhode Island small businesses and nonprofits have been approved for 142 loans totaling $22.6 million for economic losses associated with COVID-19 as of April 19. The Small Business Administration on Monday released an update on its Economic Injury Disaster Loan program, which has approved nearly 27,000 loans totaling $5.6 billion. Unlike the Paycheck…

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