SBA reports $1.8B in PPP loans for R.I. businesses with funding still available

PROVIDENCE – Rhode Island small businesses have secured more than $1.8 billion in federal payroll relief, the U.S. Small Business Administration shared on Wednesday. The total reflects the 15,000 loans for state applicants approved under two rounds of funding for the Paycheck Protection Program through May 16. A majority of the local money – $1.2…

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