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June 10, 2020

People's Bank

In Medford, Oregon, People's Bank of Commerce says it has provided over 900 Paycheck Protection Program loans totaling $91 million to small businesses. The bank plans to keep making the loans until the program sunsets on June 30 or until committed funds have been exhausted. It expects to get $3.6 million in processing fees from the Small Business Administration for the initial loans.




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