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0 0.000315092952420976 0.000315092952420976 0.000630185904841952 -0.000105030984140375 -0.000945278857262928 0.00147043377796451 0.00178552673038548
Stock impact report

JPMorgan says it has $26 billion in small business relief applications that need funding [CNBC]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: CNBC
Key PointsPedestrians pass a JPMorgan Chase & Co. bank branch near the New York Stock Exchange in 2018.Bloomberg | Bloomberg | Getty ImagesThe bank has disbursed $14 billion in loans for the government's $350 billion coronavirus relief effort, according to the company. But it has about $26 billion worth of applications from hundreds of thousands of business owners that could go forward if secures more funding for the Paycheck tection gram, it said."Chase has secured more funding for small businesses than anyone else in the industry," spokeswoman Trish Wexler said in a statement. "We're fully prepared to help many, many more once additional funding is approved. We're proud to support businesses that collectively employ more than a million hard working Americans."The PPP, a key component of the$2 trillion stimulus billrocky startWells FargoAfter technical snafus with the Administrationportal for the program and other issuesAbout half the loans that JPMorgan made were for less than $140 Show less Read more
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