About 14% of real estate companies in the U.S. – including sales, leasing and maintenance firms – got funding in the first round of the Paycheck Protection Program created by Congress to rescue small businesses.
That share is based on loan data covering the April 3 to April 13 period from the Small Business Administration, the federal department overseeing distribution of the original $349 billion funded by Congress and the $320 billion that was added to it on April 27.
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