Comerica Bank said Monday that it will commit $5 billion to small business lending over the next three years.
In addition, Comerica will expand RISE!, a program designed to support small businesses with a multitude of resources, as well as financial assistance through community nonprofits, and provide specific opportunities for minority- and women-owned small businesses.
Last year, Comerica processed nearly 20,000 loans totaling $3.9 billion in funding for the first round of Paycheck Protection Program. And so far in 2021, Comerica has further assisted small businesses by funding nearly $1 billion in the second round.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.