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Empty River Walk in downtown San Antonio. Empty River Walk in downtown San Antonio. (Source: Shutterstock)

Credit unions were applying lessons from last year’s Paycheck Protection Program as they prepared for Monday’s launch of a new round in a new year with new conditions.

The $900 billion federal relief package enacted last month includes $284 billion for another round of Paycheck Protection Program (PPP) loans for small businesses. The loans are guaranteed by the U.S. Small Business Administration, and are designed to be forgiven in whole or part by the SBA.

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Jim DuPlessis

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