Small-business loan program resumes with new funding as the Lakers return money received in first tranche [Los Angeles Times (CA)]
Fifth Third Bancorp (FITB)
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Source: Los Angeles Times
The small-business loan program that received a new infusion of cash last week reopened with a sputter Monday as the Lakers became the latest high-profile name to return money it received under a program designed to boost small, struggling companies during the coronavirus pandemic. Despite early glitches and overwhelming demand, the Small Business Administration processed more than 100,000 Paycheck Protection Program loans by more than 4,000 lenders as of 3:30 p.m. Eastern time. Some participating lenders reported trouble accessing the SBA application website. Twice as many users were trying to access the application website Monday than at any time during the first round of the program, SBA administrator Jovita Carranza said. President Trump on Friday signed the bill that gave the program $310 billion in new funding on top of the $349 billion Congress authorized last month, which went out the door in days. Now there is a risk the program could run out of funding a second time even mor
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FITB
Earnings
- 10/17/25 - Beat
FITB
Sec Filings
- 11/25/25 - Form 424B3
- 11/7/25 - Form 13F-HR
- 11/6/25 - Form 8-K
- FITB's page on the SEC website