The Small Business Administration has announced that Paycheck Protection Program funding has been exhausted and that the PPP application portal is no longer accepting applications from most lenders. We are proud of the opportunity we have had to help local businesses through this loan program.
Legend Bank Community Impact
Through the both rounds of the Paycheck Protection Program, Legend Bank made the following impact in supporting local small businesses so far:
- Saved 6,105 jobs
- Approved 619 loans
- Funded over $56.4 million in loans to our customers
*Data as of May 4, 2021.
- CARES Act Assistance to Small Businesses
- Top-line Overview of First Draw PPP (Revised 1/8/2021)
- Top-line Overview of Second Draw PPP (Revised 1/8/2021)
Loan Forgiveness Information
If you would like more information about the Loan Forgiveness process, please click here for the Loan Forgiveness Application Instructions for Borrowers from the U.S. Department of the Treasury.
If you are looking for more information about the program, we recommend you visit the U.S. Department of Treasury website for the application, program information, tools, resources and FAQs.
If you are looking for more information about the program, we recommend you visit the U.S. Department of Treasury website for the application, program information, tools, resources and FAQs.
