JPMorgan tells small business customers to apply with other banks on fear that funds will run out

JPMorgan tells small business customers to apply with other banks on fear that funds will run out

A pedestrian wearing a protective mask stands outside a JPMorgan Chase & Co. bank branch in New York, U.S., on Friday, April 10, 2020.

Mark Kauzlarich | Bloomberg | Getty Images

JPMorgan Chase is warning some customers that even if fresh funds for the federal small business relief program are approved, the money won’t last and they might be better off applying elsewhere.

JPMorgan on late…

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