As communicated last week, additional Paycheck Protection Program (PPP) funds have been made available to eligible businesses under the Economic Aid Act. Last week, the SBA started taking PPP applications through Community Financial Institutions only and will now open its origination platform to the banking industry on Tuesday, January 19, 2021.
We are pleased to announce that Farmers National Bank will be participating in this new round of PPP loans and will begin accepting applications through an online portal effective January 19, 2021. A resource center has been established on the Farmers National Bank website to assist borrowers who would like to make an application for either a First or Second Draw PPP loan.
Website resources include: