Banks rack up $99 million in fees for local small-businesses relief loans
4 years ago
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It took 410 lenders to handle Greater Cincinnati’s demand for 29,073 loans from the Paycheck Protection Program, a new I-Team analysis shows. Those banks delivered at least $2.9 billion to local companies, nonprofits, schools and churches. They collected at least $98.8 million in fees for their efforts.
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