Many of our small business brethren clogged the internet today to apply for the newly-launched Paycheck Protection Program (PPP). The US government authorized up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis.
Count us in! We care about our WF team members. Only two banks were able to start accepting applications today, and it looks like there will be a groundswell of requests once other banks get their application process going.