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MOCU Busy Processing Paycheck Protection Loans

BEND, OR -- There’s been a lot of demand for federal money due to the COVID-19 pandemic. Mid-Oregon Credit Union’s Vice President Kyle Frick says the Paycheck Protection average loan amount is $251,615. The average number of employees per borrower is 21. Mid-Oregon has an additional 90 applicants waiting on more money from the federal government.

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