Lending

Chicago credit union develops a participation program for a growing niche.

As of Tuesday, the PPP is open to all participating lenders.

NAFCU economist says the current retrenchment will give way to recovery later this year if the pandemic abates.

Those businesses that were not supposed to receive money were approved for $3.6 billion in loans by early August.

He will extend the moratorium on federal loan payments and wants Congress to cancel $10,000 of student debt per borrower.

Many businesses are suffering more severely than they were last spring.