PPP

The Los Angeles Lakers and a handful of businesses are returning money they received from a federal program that was intended to help small companies hurt by the coronavirus pandemic.

Sports
Economy

Even The LA Lakers Got A PPP Small Business Loan

5:37pm April 27, 2020

by Jim Zarroli

The $3.7 billion NBA franchise and a handful of businesses are returning money they received from a federal program that was intended to help small companies hurt by the coronavirus pandemic.

Banks reported struggling to get through to the Small Business Administration on Monday to enter loan application information to the newly replenished small business relief program.

National

Small Business Loans Site Crashes On First Day Of Reopening

2:47pm April 27, 2020

by Danielle Kurtzleben

Bankers tell NPR that the SBA's portal wouldn't allow them to enter the loan application information that is needed to access the PPP program.