With Thousands of PPP Loans on ‘Hold,’ CUNA, NAFCU Ask for Extension

Financial services trade groups, including the Credit Union National Association and the National Association of Federally-Insured Credit Unions, are concerned that the Paycheck Protection Program will expire on March 31 with thousands of loans stuck with “holds” that will prevent those small businesses from getting assistance. They want all loan applications received by the March 31 expiration date of the PPP to be processed.

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With Thousands of PPP Loans on ‘Hold,’ CUNA, NAFCU Ask for Extension

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