Brock Blake, CEO of Lendio, joined Yahoo Finance Live to discuss small business optimism and the latest round of PPP loans.

With overwhelming bipartisan support in the House and Senate, it seems as though an extension is imminent; but getting it approved immediately is just as important. The worst possible scenario for the economy and our nation’s small business owners is for the program to abruptly end on March 31st.

Fintech lenders doling out PPP not only reached smaller businesses on average but played an essential role in extending PPP loans to Black-and Hispanic-owned businesses, according to a study conducted by professors at the NYU Stern School of Business.