As of late last week, around 70% of small business owners had applied for an emergency loan through the federal government. That’s according to a survey from the National Federation of Independent Business.
But, it’s not clear how many of those small business owners had gotten their loans, and there have been concerns raised with the process, both technical and otherwise.
To get a sense of how this is going in Arizona, The Show talked with Mark Papoccia. He heads up commercial activities for Vantage West Credit Union, which has locations in Tucson and the Valley.
He shared what he’s been seeing over the past several days.