Kabbage is now accepting applications from small businesses under the Paycheck Protection Program (PPP); Kabbage recently stopped lending on March 29 so it could work on setting up the systems and team in order to handle PPP loans; the lender has cut credit lines to customers after small businesses started to go out of business; Kabbage cut back their own staff and stopped operations in India; on Tuesday Kabbage reported that they had already received 37,000 requests and partnered with a bank to fund the applications. American Banker
