IE 11 is not supported. For an optimal experience visit our site on another browser.

Thousands of small businesses apply for relief as some owners frustrated by process


The federal government authorized $350 billion in forgivable loans to small businesses to cover costs for at least eight weeks. Bank of America received over 85,000 applications on Friday. The top three lenders tell NBC News’ Stephanie Ruhle that technical issues are causing processing delays, but they’re working on a resolution.