Wednesday, April 22, 2020
Local Lenders Report Serving 1,500+ Businesses, Delivering More Than $260 million in PPP Round One
![](https://b3392960.smushcdn.com/3392960/wp-content/uploads/SBA-PPP-150x100.jpg?lossy=2&strip=1&webp=1)
In a flash poll of Kankakee County lenders on Monday, the Economic Alliance learned that in the federal Paycheck Protection Program’s initial $350 billion round of emergency funding, more than 1,500 regional businesses were served, with approved loans totaling more than $260 million. According to those polled, the majority of businesses had already received a disbursement. In this initial round, businesses served employ more than 30,000 individuals.