Philly-area businesses say federal ‘Payroll Protection’ loans put them ‘at risk’

The Community Development Financial Institutions Fund was created to fill in the credit gap for low income entrepreneurs but without federal support the system could collapse.

Shoppers were strolling up and down Germantown Avenue on a bitterly cold but sunny day during the largest small business-centric shopping day of the year in Philadelphia.

The U.S. Small Business Administration created a new loan to reach further into neighborhoods that are often without access to growth capital.