Real estate companies received about 3 percent of the $342 billion in loans approved through the federal Paycheck Protection Program, according to new figures released by the U.S. Small Business Administration. Companies designated under the category “real estate, rental, and leasing” received $10.7 billion in loan approvals, the data show. That money was spread across nearly 80,000 companies in the category — an average of about $134,000 each. In contrast, the construction industry received the
source https://therealdeal.com/2020/04/18/heres-what-real-estate-received-from-the-ppp-program-sba-report/
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