You’ve probably seen these numbers from SBA.
“SBA FY19 total loan volume reaches over $28 billion with more than 63,000 approved loans.”
Now SBA needs need to pump out 12x the FY 2019 dollars ($349B). Even if every were $10B (and they won’t be anywhere close to that), that’s at least 60% of the FY volume/number of loans in a matter of weeks.
We’re gonna need a bigger boat.