Lendio Facilitates More Than 50,000 PPP Loans

Small business loan marketplace Lendio has been at the forefront of the Paycheck Protection Program from day one; they were able to launch their PPP application on April 3, opening day for the program; they have been able to connect more than 50,000 borrowers to partner banks for loans totaling $5.5 billion; CEO of Lendio, Brock Blake, said, “We processed more applications in two weeks than we have in the last 12 months combined. We are devastated for the thousands of Lendio customers that didn’t receive a confirmation before the program hit its cap”. CrowdFund Insider

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