PPP Stats 4/28/2020

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PPP Stats 4/28/2020


PPP Stats 4/28/2020

Hello PTBN Members with all that has changed in our lives I have decided to be thankful. I am thankful for family, health and the opportunity to help so many Small Businesses in our community that are in need during a National – Global pandemic. This is why I do what I do -to help as many individuals as I can.

It pays to Bank with someone you trust!

I wanted to share the latest statistics from Professional Bank on our progress with the SBA Paycheck Protection Program (PPP) as of 4/23/2020:

Round 1 PPP funding- 804 applications processed!

784 approved by SBA

$321.6 million in funding

17, 708 jobs saved!!

Round 2 – as of 4/28/2020

448 applications received (223 approved by SBA)

5,578 saved and counting!!!