The hospitality industry is the leading borrower of every industry, receiving 18%, or almost one-fifth of the nearly $101 billion in loans given to small businesses so far since round-two PPP ...
How does this second round of PPP differ from the first round ... Regardless of the type of business, the act caps all second-draw PPP loans at $2 million. Eligibility is stricter for businesses ...
"We've actually had as many banks as fintechs come to us and express interest in this product for helping them with round two of the funds," Pitts said. And with the second wave of PPP funding ...