Federal agencies said they would set aside an additional $6.8 billion of funds during PPP's second round for community lenders that target underserved borrowers, as lawmakers consider broader changes to the program. "House Passes Bill Loosening Rules on PPP Small-Business Loans--Update" at 1:33 p.m. EDT and an update at 5:12 p.m. ET incorrectly said an additional $10 billion would be set aside.
(END) Dow Jones Newswires
May 28, 2020 19:41 ET (23:41 GMT)Copyright (c) 2020 Dow Jones & Company, Inc.