SBA CARES ACT and PAYCHECK PROTECTION PROGRAM

We are proud to report we processed over $101 million in PPP applications in 2020, which helped save a total of 12,832 local jobs!  We are extremely proud of the tireless work of our team and our great communities.

The Bank of Greene County cares about the communities it serves, and we are here to help local businesses in our area with loan applications under the SBA CARES Act, Paycheck Protection Program. The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocates funds to help small businesses keep workers employed during the pandemic and economic downturn.  Known as the Paycheck Protection Program (PPP), this initiative provides federally guaranteed loans to small businesses who maintain their payroll during this time.

For details and instructions on Loan Forgiveness, go to:  SBA Paycheck Protection Program Loan Details and Forgiveness or The CARES Act Provides Assistance to Small Businesses

You can find additional resources regarding the SBA Cares Act and Paycheck Protection Program below:

U.S. Small Business Administration Coronavirus Relief Options

U.S. Small Business Administration – Additional Guidance and Loan Resources

For more information on our COVID-19 response and other resources, click here.