Cross River to Participate in Next Round of Paycheck Protection Program (PPP)
Jan 06, 2021•over 4 years ago
Description
Cross River, a technology-focused financial services organization and Banking-as-a-Service (“BaaS”) provider, today announced that it will be participating in the next round (“Round B”) of the U.S. Small Business Administration (SBA) Paycheck Protection Program (“PPP”). In the initial round of the PPP, Cross River provided more than $6.5 billion in relief to 198,738 small businesses in every state across the U.S., with an average loan size of $33,000.
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