A new ICBA blog post explores data showing the urgency of community banks’ Paycheck Protection Program response to help save small businesses in their communities.
Details: In the first in a series of blog posts on final PPP data, ICBA economist Noah Yosif says:
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Community banks drove lending in the earliest weeks of the PPP.
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States with strong community bank traditions were more successful in addressing employment challenges.
Next: The next post in the series will focus on community bank service to the hardest-hit industries and communities. Read the post.