Small-biz rescue off to slow start in R.I., elsewhere; some banks not ready

With reports from PBN Staff Writer Nancy Lavin

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THE SBA's Paycheck Protection Program launched Friday, but some are having trouble gaining access to loans right away. Funds for the program are expected to be depleted quickly. Above, Jovita Carranza, administrator of the Small Business Administration. / AP FILE PHOTO/ALEX BRANDON
THE SBA's Paycheck Protection Program launched Friday, but some are having trouble gaining access to loans right away. Funds for the program are expected to be depleted quickly. Above, Jovita Carranza, administrator of the Small Business Administration. / AP FILE PHOTO/ALEX BRANDON
NEW YORK (AP) – The federal government's relief program for small businesses is off to a slow start Friday, with only some businesses locally and nationwide able to apply and several banks either not accepting applications or seeing long waits to do approvals. Millions of small businesses are expected to apply for these desperately needed rescue…

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