Many people do not understand that the federal government has not given money to American businesses directly. Instead, all Paycheck Protection Program (PPP) loans have been dished out by the banks.
Unfortunately, those banks are struggling to receive interest for the PPP loans, and Gordon Fellows of the Mississippi Bankers Association joined Friday’s episode of The JT Show to talk about the current disconnect between the government and the banks.
To hear more about the ongoing problem, watch the video below.