New round of PPP lending off to smooth start
By Jenny Callison, posted Jan 26, 2021 The new round of the SBA’s Paycheck Protection Program is in full swing in the greater Wilmington area. Banks, and the agency itself, have profited from their experience with last year’s program to accelerate and improve the experience for everyone involved, according to Jim Engel, president and CEO of Aquesta Bank. “The process is easier this time than last time,” he said. “Last time, no one knew anything. Some changes have been positive, and it’s more automated than the first time. If there is a business out there that is struggl...
Source: wilmingtonbiz.com