5. GENDER EQUALITY

Philly small businesses will get another shot at emergency coronavirus loans after a frustrating first try – The Philadelphia Inquirer

Impact team
Written by Impact team

Philly small businesses will get another shot at emergency coronavirus loans after a frustrating first try  The Philadelphia Inquirer

By contrast, mid-sized M&T Bank, based in Buffalo, N.Y., with large branch networks in Pennsylvania and Delaware, said it approved 27,000 of its 36,000 applicants, or 75%. And Parke Bank, a small lender based in Gloucester County, approved 230 of the 285 PPP applications — about 81% — pumping almost $60 million into the region, according to chief lending officer Nick Pantilione.

Source: inquirer.com

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