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-0.000370851103281959 -0.00111255330984601 0.00037085110328209 0.00389022807342854 -0.00389393658446122 -0.00241053217133313 -0.0103207862043389 -0.00741702206564062
Stock impact report

Statement From Wells Fargo on the Paycheck Protection Program

Wells Fargo & Company (WFC) 
Last wells fargo & company earnings: 4/14 07:46 am Check Earnings Report
US:NYSE Investor Relations: wellsfargo.com/about/investor-relations
Company Research Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) has issued the following statement:“We are doing everything we can to help our small business customers navigate this difficult and uncertain time. Over the past week we have mobilized hundreds of Wells Fargo employees and launched new automation and technology so we can process the extremely high volume of Paycheck Protection Program (PPP) applications. Today the SBA announced that the $349 billion in congressional funding for the PPP has been fully allocated to thousands of participating lenders, of which Wells Fargo is one. We will continue to prepare applications in our existing pipeline from small and mid-size businesses and will submit them to the SBA when funds become available. Given the magnitude of the crisis the country is facing, we are hopeful that Congress will approve additional funds for the PPP and we will continue accepting new applications so we will be ready to proceed if and when that happens. W Show less Read more
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