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Small Business Lending Gives a Boost to Banks

Abstract: Small business loans are up 40% at community banks compared with a year ago, spurred on by the Paycheck Protection Program.

Keywords: banking; supervising financial institutions; COVID-19; coronavirus; Paycheck Protection Program; small business; small business administration;

Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2020-09-30

Note: Part of "Supervising Our Nation's Financial Institutiones" series: https://www.stlouisfed.org/on-the-economy/?tag=supervising%20financial%20institutions.