5 Reasons Why The Paycheck Protection Program Frightens Banks

5 Reasons Why The Paycheck Protection Program Frightens Banks

Robert Intelisano Robert Intelisano

Robert Intelisano

President Intelisano & Assoc Inc. insurance The Insurance Dr. philanthropist, foodie, hoops, UFC fanatic & Pizza Guru!

发布日期: 2020年4月6日
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I have invested over 120 hours of research, participated & spoken in Zoom panels, and engaged with client strategy conversations on the PPP since Friday, March 27th- that is the same day the Payment Protection Program (PPP) was signed by President Trump. The Triple P is a sweet deal for many struggling business owners; however, not so good for banks, here’s why:

  1. The loan rate is too low:  PPP loans will stay on the bank’s books at 1%, which is much less than [READ MORE]


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