MORE SPECIFICS on the tentative PPP /small business DEAL. From a Cap Hill aide familiar:

- PPP is actually slated for $335 B more.
- That includes the idea of $310 B for businesses plus $25 B for processing fees for the banks.

More. 1/
HOW THE $ FOR SMALLER BANKS WORKS in this tentative deal. Again, aide familiar:

- $60 B is set aside for them.
- Half is specifically for banks with < $10 billion in assets
- The other half is for banks with assets of $10 billion - $50 billion
Update - it's actually $320 for PPP. That includes some money for processing, but it is all bundled together. Depends on how the SBA operates.
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