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SAN FRANCISCO–(BUSINESS WIRE)–Wells Fargo today announced it provided approximately 282,000 Paycheck Protection Program (PPP) loans through its 2020 and 2021 lending to support small businesses trying to survive the COVID-19 pandemic. Total lending was nearly $14.0 billion helping keep 1,739,000 Americans employed. The average loan amount for customers was $50,000, the lowest among all large financial institutions*, and 42% of loans were for small businesses in low-to-moderate income neighbor
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