
26.05 - How banks can do more for small businesses
BAI Banking Strategies
00:00
The Impact of P P P Loans on Small Businesses
Over all, 23 % of businesses do not have any loans with a balance. That's quite a bit different than the 20 nineteenth survey, when it was 13%. More businesses have grown deposits over the last two years and they've used those deposits to fund their business needs. Loan demand does vary widely based on the size of the business.
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