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Paycheck Protection Program application. Source: Shutterstock.

Amid all of the excruciating frustrations during the application process of the Paycheck Protection Program reported by many financial institutions, particularly small credit unions, some of them came through for “Main Street” businesses. Those businesses, considered the staples of local economies, sorely needed the federal government forgivable loans to survive the devastation wrought by the coronavirus economic shutdown.

Peter Strozniak

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