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So many businesses are rushing to get loans through a special Small Business Administration coronavirus relief program that some banks are struggling to keep up. “We got thousands of applications,” said Dan Fitzpatrick, president of Citizens Bank of Pennsylvania, which normally processed a few hundreds SBA loans a month. The $350-billion Payroll Protection Program is part of the $2.2 trillion economic rescue package that President Donald Trump signed into law late last month. “I have to applaud the government for moving swiftly with this program. This really helps," said Amol R. Kohli, president of the Cherry Hill restaurant development and management company AARK Enterprises, who has applied for a loan and is waiting to hear. Full story

6 April