The US Small Business Administration began accepting PPP2 applications in mid-January 2021. Our local banks are ready to help businesses take advantage of this resource:
From our friends at The Bank of Greene County:
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.
We are now accepting PPP applications for the next round of funding in 2021!
If you received a PPP loan in 2020, and would like to apply for another PPP loan, please contact your SBA Loan Specialist.
If this is your first time applying for a PPP loan, please contact our Customer Service Center at (518) 943-2600 for more information.
The SBA will accept completed applications from Bank of Greene County applicants starting Tuesday, January 19, 2021.
Please go to U.S. Small Business Administration (SBA) website for more information about requirements and eligibility. 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 From our friends at the National Bank of Coxsackie
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