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Bank Of America Makes Up Own PPP Loan Forgiveness Rules, Hurts Illinois Small Business Person
After building a platform to automate PPP Loan Applications in less than 10 days, Cross River partnered with more than 30 Fintechs who directed their customers. Paycheck Protection Program; Allocation of over $1 billion of PPP funding to companies in Wisconsin, supporting thousands of jobs in the region. As part of your Application Package to apply for a PPP loan through BMO, please return the following to your BMO Harris Commercial Bank relationship manager.

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Until recently, Cross River was known for being the bank behind fintech companies such as cryptocurrency firm Coinbase, payment processor Stripe, and consumer financing lender Affirm. As highlighted by Vox's Recode, the program was meant to protect worker wages, not small businesses themselves it's right there in the name , but it has often been seen by the public as a small-business bailout. Please select an option to receive your verification code. Verify Your Identity For your security, we need to verify your device.