A new portal designed to speed relief to small businesses with $150,000 or less in Paycheck Protection Program loans opens Wednesday. The streamlined application portal will allow those borrowers to apply for loan forgiveness directly through the U.S. Small Business ...

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Some small businesses forced to turn to online lenders for pandemic relief are making those niche players a bigger part of their financial game plan, and are even considering dumping their traditional banks altogether.

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M&T Bank announced Monday that an updated tally of its lending activity under the federal Paycheck Protection Program showed the bank had disbursed more than $1.6 billion to 11,314 businesses in central and western Maryland.

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The federal government intentionally discriminated against minority- and woman-owned businesses in its recent distribution of nearly $350 billion in loans to save small companies desperate to survive amid the United States’ pandemic-induced economic freefall, struggling Maryland businesses allege in a ...

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