$310 billion of the federal government’s new $484 billion relief bill was designated for PPP. $60 billion of those funds is specifically set aside for community banks like ours.

The Small Business Administration's portal opened April 27 to begin accepting applications submitted by banks for SBA’s approval and funding. We expect the demand for these new funds will be even stronger than in the first round. 

Small business owners who wish to apply for a PPP loan but have not yet done so should contact our Commercial Lending Department immediately.

We will keep our customers and communities informed on developments surrounding continuation of the Paycheck Protection Program.