Boston banks face another PPP slog: ‘Round 1 was awful. Round 2 was atrocious.’

The SBA’s PPP process opened Monday, but many local banks were able to get just two PPP applications per hour through, several executives reported. It took the Dedham Institution for Savings four hours to successfully upload its first application, CEO Peter Brown said. “The system just keeps kicking the applications back. It can’t accept them,” Eastern Bank CEO Bob Rivers said.