14 min
All Hands on Deck: The Behind-the-Scenes Story of the PPP We Were Economic First Responders
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- Business
In a matter of days, bankers rallied to deliver hundreds of billions of dollars in loans to support Americans' jobs amid the coronavirus pandemic. The stakes: the survival of the small business economy on which every bank and community relies. On the first episode of "We Were Economic First Responders," a new podcast series from the American Bankers Association, bankers tell the story of how they geared up to make Paycheck Protection Program loans, despite contradictory or non-existent regulatory guidance, customer confusion and the challenges of remote work and social distancing.
In a matter of days, bankers rallied to deliver hundreds of billions of dollars in loans to support Americans' jobs amid the coronavirus pandemic. The stakes: the survival of the small business economy on which every bank and community relies. On the first episode of "We Were Economic First Responders," a new podcast series from the American Bankers Association, bankers tell the story of how they geared up to make Paycheck Protection Program loans, despite contradictory or non-existent regulatory guidance, customer confusion and the challenges of remote work and social distancing.
14 min