The Small Business Administration was called on to save America's economy over the past two months, administering $670 billion in federal aid to beleaguered businesses.
But the SBA's loan approval system, called E-Tran, was an obscure tool designed for low volume — and it kept crashing.
In a normal year, E-Tran processes roughly $20 billion in loans from fewer than 1,800 banks. By the time this crisis is over, the system is expected to dole out more than $1 trillion in loans in just a few months...
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