The Department of Trade and Industry (DTI) through its financing arm, the Small Business Corp., (SBCorp) has approved more than P3 billion in loans under the Bayanihan Covid-19 (coronavirus Assistance to Restart Enterprises (CARES) program.

Trade Secretary Ramon Lopez in a Viber message to reporters said total loans approved under the program amounted to P3.38 billion. This is equivalent to 25,920 borrowers.

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