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Latest report published by MFIN, shows that as on the sector caters 3.22 crore clients with gross loan portfolio of Rs. 74,371 crore. This converts to average loan amount of Rs 22,000 plus for all active accounts, which shows 6% YoY increase. "I urge the Biden Administration to work with Republicans and Democrats in Congress as it considers changes to this incredibly successful and overwhelmingly bipartisan program."The program also drew controversy for its exceptionally broad eligibility criteria, which allowed publicly traded companies, fast food restaurants and an array of questionably small or otherwise wealthy businesses to benefit from funding. After loan level data was released in full which did not happen until after the 2020 election because the Trump administration sought to avoid disclosing most of the data it was revealed that more than half of PPP funding before December went to just 5 percent of the recipients.Aside from shutting out the larger firms, the Tre