Marco Rubio

@marcorubio ↗

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Last Checked Aug. 10, 2022

Created

Mon Apr 27 20:08:19 +0000 2020

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217

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Marco Rubio @marcorubio

.@SBAgov informs us the delays some #PPP lenders are reporting is due to the pacing system they put in place. They are trying to avoid disparities by ensuring all lenders, no matter the size or location have equal access to the system & it is not overwhelmed. — PolitiTweet.org

Posted April 27, 2020 Hibernated

Preceded By

Marco Rubio @marcorubio

SBA informs us of following on #PPP relaunch: 1. Lowered minimum number of loans for bulk filings from originally 15K to 5K to allow more banks to submit 2 Bulk files are NOT being processed all at once. The had a pacing mechanism for approvals in place before launch — PolitiTweet.org

Posted April 27, 2020 Hibernated

Followed By

Marco Rubio @marcorubio

One of criticisms of 1st round of #PPPloans was over disparities between states & lenders.That’s why ⁦@SBAgov⁩ instituted pacing mechanism limiting how many applications lenders can submit per hour. Result will be more balanced but slower approvals https://t.co/w3qQ20bXJA — PolitiTweet.org

Posted April 27, 2020 Hibernated