[capaxess]

This program isn’t worth the manpower hours it takes to process them.

Lenders have a finite number of dollars to lend, and who wants to have a considerable amount of money tied up in this when they can lend out at 8% per year. Additionally, they will have to use up manpower and resources on the backend with the whole forgiveness aspect.

It only makes sense to handle existing customers so to avoid having them poached and to make sure their existing customers’ facilities aren’t strained.

You called it WC:

https://www.zerohedge.com/economics/...verge-collapse