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US banks made a quick $10 billion in 2 weeks by processing small businesses loans from the government, says report

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Apr 25 '20 | By oiam2companyadmin | Views: 36 | Comments: 0
The banks acted as middlemen for the $350 billion scheme to save small businesses from bankruptcy, taking transaction fees of between 1%-5%.

Source: https://www.businessinsider.com/us-10-billion-fees-coronavirus-rescue-loans-2020-4?utm_source=feedburner&utm_medium=referral

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