NPR

This Banker Made 1 Year Of Loans In 10 Days. He's Ready For Another Mad Dash Today

Edward Barry and his team worked hard to give their customers a head start. The Small Business Administration is resuming its emergency loan program for small businesses with an extra $320 billion.
Banker Edward Barry and his team managed to broker nearly 600 small-business loans while working from home. Source: Courtesy of Edward Barry

Get ready for another footrace, as struggling small businesses scramble to grab hold of a financial lifeline.

The federal government is restarting an emergency loan program for small businesses Monday, with $320 billion. The program burned through its first $349 billion in less than two weeks.

After complaints that some of that money went to big businesses or the , lawmakers directed that a chunk of the new money be funneled through smaller, .

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