America’s SBA says it has forgiven more than 1.1 million PPP loans worth more than $ 100 billion By Reuters

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(Reuters) – The U.S. Small Business Administration (SBA) said on Tuesday it has forgiven more than 1.1 million Paycheck Protection Program (PPP) loans worth more than $ 100 billion, adding that “small borrowers” constitute the vast majority of applicants for forgiveness.

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