Legacy Lending Relationships and Credit Rationing: Evidence from the Paycheck Protection Program
Published:Dec 25, 2025 07:54
•1 min read
•ArXiv
Analysis
This article likely presents research findings on the impact of pre-existing lending relationships on access to credit during the Paycheck Protection Program (PPP). It suggests an investigation into how established banking relationships influenced the distribution of PPP loans and potentially led to credit rationing for some businesses.
Key Takeaways
Reference
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