WBEN Buffalo Business Report - Thursday, June 11th 2020

Breakdown of PPP Lending

Randy Bushover
June 11, 2020 - 4:39 am

WBEN Photo/Mike Baggerman

The U.S. Small Business Administration putting out a list of the top 15 lenders participating in the Paycheck Protection Program.  JP Morgan Chase was #1 with 1.43 million loans approved for a total of $153.11 billion as of June 6th.  The report from the Milwaukee Business Journal notes KeyBank was 7th with 39,444 PPP borrowers totaling over $8 billion.  At #10, M&T Bank extended 34,740 loans with a total dollar volume of $6.8 billion.

Niagara University has partnered with Spry Therapeutics to provide filtered pillows to its resident students. The university is the first in the country to provide this clean-sleep solution.

Since Governor Cuomo’s Nourish New York Initiative began last month, Lactalis American Group, Inc. has provided food banks across the state with more than 215,000 pounds of fresh Galbani® cheese.  The cheese was produced at the company’s South Buffalo cheese production plant with milk sourced from Western New York dairy farms.

Christ the King School is offering virtual tours to prospective students and their families.  PreK through 8th grade enrollment is now open for the 2020-21 school year.  Contact the school for more information at 839-0473.

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