U.S. banks, small businesses brace for lending race re-run

WASHINGTON (Reuters) - U.S. banks were girding on Monday for another chaotic dash to grab $310 billion in fresh small business aid due to be released by the government on Monday, after it changed some of the rules of the first-come-first-served scheme at the 11th hour.The Small Business Administration (SBA) was set to re-open its Paycheck Protection Program at 10:30 am EDT/1430 GMT on Monday, allowing lenders to resume processing applications from businesses hurt by the novel coronavirus..