Banks were not prepared for flood of small business coronavirus loan applications April 3, 2020 admin Trading Ideas Comments Off on Banks were not prepared for flood of small business coronavirus loan applications Banks were supposed to start processing loan applications on Thursday at midnight from small businesses under the $349 billion Paycheck Protection Program, but they weren’t prepared for the onslaught. …read more Source:: Yahoo Finance Did you enjoy this article? Join our FREE Newsletter! I agree to have my personal information transfered to MailChimp ( more information ) Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.We hate spam. Your email address will not be sold or shared with anyone else.