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Stock impact report

Wintrust Financial Corporation Working Tirelessly To Support Strong Community Interest in the Paycheck Protection Program

Wintrust Financial Corporation (WTFC) 
Last wintrust financial corporation earnings: 4/21 06:15 pm Check Earnings Report
US:NASDAQ Investor Relations: wintrust.com/investor-relations.html
Company Research Source: GlobeNewswire
ROSEMONT, Ill., April 10, 2020 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust” or “the Company”) (Nasdaq: WTFC) announced today that it has received more than $3.1 billion in loan inquiries from more than 7,700 small businesses since it opened its platform on April 3 to accept client submissions for the Paycheck Protection Program (PPP) from the U.S. Treasury Department and Small Business Administration (SBA). Edward J. Wehmer, Founder and Chief Executive Officer, commented, “On March 27, the Coronavirus Aid, Relief, and Economic Security (CARES) Act became law and banks were directed to prepare for the launch of the PPP program. In less than a week, Wintrust created an entire customer-facing loan inquiry system and a new underwriting process to meet small businesses’ needs and the government’s desire to begin accepting inquiries on April 3. What our team has accomplished in just a few days is truly remarkable and I believe it is proof-positive of our unwavering comm Show less Read more
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