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Oregon Public Bank Alliance
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Month: October 2020

October 1, 2020
  • Public Bank

Despite Billions in Fees, Banks Predict Meager Profits on P.P.P. Loans

October 1, 2020 By Outside Source

Loath to be seen profiting from the economic disaster caused by the coronavirus, the nation’s biggest banks were quick to pledge that they would donate to charity any money earned from helping deliver the government’s signature small-business relief plan.
That promise may be something of a mirage.

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