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Outside of PPP, it's crickets in small-business lending

from American Banker

Outside of PPP, it's crickets in small-business lending American Banker Supply and demand for small-business loans outside of the now-idling Paycheck Protection Program have been lackluster — and should remain that way for the rest of 2020. A blurry economic outlook, marred by the uncertainty of the coronavirus pandemic, is reducing banks’ risk appetite. At the same time, demand for non-PPP loans has cratered as businesses freeze investment plans and cut costs. READ MORE

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