Bankers have been piling up Paycheck Protection Program applications for small businesses since April 16, when the loan fund ran out of money. It reopened today after Congress added $321 million, but no one can file because the website keeps crashing.
Banks reported struggling to get through to the Small Business Administration on Monday to enter loan application information to the newly replenished small business relief program.Olivier Douliery/AFP via Getty Images
On the first day of the reopened Paycheck Protection Program, a key lifeline from Congress, banks are reporting that the Small Business Administration's portal is not working.
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