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U.S. SBA says has forgiven over 1.1 mln PPP loans for more than $100 bln

13 Jan 2021 / 09:17 H.

    Jan 12 (Reuters) - The U.S. Small Business Administration (SBA) said on Tuesday it has forgiven more than 1.1 million Paycheck Protection Program (PPP) loans for over $100 billion, adding that "small borrowers" make up a large majority of forgiveness applicants. (Reporting by Kanishka Singh in Bengaluru; Editing by Himani Sarkar)

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