To own short home-based banks, the fresh new dramatic boost in PPP money try consistent with the rise when you look at the C&I finance
Table 2 seems far more closely on changes in C&I financing. At-large home-based banking companies, the increase when you look at the C&We lending in the 1st quarter of 2020 ($310 billion) matches closely towards miss from inside the vacant lines of credit ($234 billion), similar to the indisputable fact that line of credit drawdowns was in fact a major way to obtain improved C&I financing. Read More
