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A law office and other closed businesses on Metropolitan Ave. in the Queens borough of New York early this month A law office and other closed businesses on Metropolitan Ave. in the Queens borough of New York early this month. Photo: Christopher Occhicone/Bloomberg

The Small Business Administration’s Paycheck Protection Program, which many small law firms had hoped to use as a lifeline to avoid furloughs and other cuts, burned through its initial budget of $350 billion in loan guarantees in barely two weeks.

While the Senate voted on Tuesday to add at least $310 billion to the program, some lawyers at small and midsize firms are already frustrated with the process, expressing concern with how the government or the banks handled their application.

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Jack Newsham

Jack Newsham writes about the New York legal community and the business of law, including law firm finance and management and the battle for talent. Email him at [email protected] and find him on Twitter @thenewsham.

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