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Tompkins Mahopac Bank PP Funding Portal now available Written by Tompkins Mahopac Bank Earlier today, Tuesday, January 19th Tompkins Mahopac Bank’s Online Application Portal for PPP funding became available beginning at 8:00 a.m. In an effort to provide you with the best possible experience, we have included information below to help prepare you and your business. What You Can Do To Prepare Beginning today, Tuesday, January 19th, Tompkins will accept PPP loan applications from our ...

The Economic Aid to Hard-Hit Small Business, Nonprofits and Venues Act (the “ Act”) was signed into law on December 27, 2020, as part of the Consolidated Appropriations Act, 2021. The Act’s goal is to extend the term of certain economic relief programs created under the Coronavirus Aid, Relief, and Economic Security Act (Pub. L. 116–136) (the “ CARES Act”), including, extending the Paycheck Protection Program (“ PPP”) program. The key updates to the PPP program implemented by th...

MutualOne grant supports Big Brothers Big Sisters program Mark R. Haranas, president and CEO of MutualOne Bank and chairman of the MutualOne Charitable Foundation, this week announced that Big Brothers Big Sisters of Central Mass & MetroWest has been awarded a $5,000 foundation grant to support its Girls in STEAM E-Mentoring (G.E.M.) program in Framingham and Natick. According to Big Brothers Big Sisters Executive Director Jeffrey Chin, the program matches at-risk youth with STEAM (Science, Te...

Orrstown Financial Services, Inc. Reports Fourth Quarter and Full Year 2020 Results Diluted fourth quarter 2020 EPS of $0.91 per share versus $0.45 per share in the third quarter of 2020 due to robust revenue growth combined with expense reductions; full year diluted EPS of $2.40 per share Tangible book value per share (1) increased to $19.93 at December 31, 2020 from $18.70 at September 30, 2020 and $17.65 at December 31, 2019, an increase of 12.9% for fiscal year 2020 Small Business Administr...

To embed, copy and paste the code into your website or blog: The SBA, in consultation with the Department of Treasury, has announced that it is reopening its portal for first draw and second draw PPP applications to all eligible PPP lenders today, January 19, 2021. The portal had previously been reopened to community financial institutions for first draw applications on Jan. 11 and second draw applications on Jan. 13 and to small eligible lenders (those will less than $1 billion in assets) on J...

[1] with respect to the Paycheck Protection Program ( Economic Aid  Act)) of Division N of the Consolidated Appropriations Act, 2021.  The PPP was originally enacted under the Coronavirus Aid, Relief, and Economic Security Act (as amended, supplemented or otherwise modified from time to time prior to the enactment of the Economic Aid Act, including by the Paycheck Protection Program and Health Care Enhancement Act, the Paycheck Protection Program Flexibility Act, applicable federal regul...

On Dec. 27, 2020, the Consolidated Appropriations Act (CAA) of 2021 was signed into law with many changes impacting farmers.

The Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (Economic Aid Act), which was included in the Consolidated Appropriations Act, 2021, was signed into law on Dec....

Partnership with ACAP and The Loan Source Offers Simple and Straightforward PPP Application Process NEW YORK, NY / ACCESSWIRE / January 19, 2021 / MZ, a global leader in investor relations and corporate

3:30 The Paycheck Protection Program has helped fund loans for over 5.2 million small businesses across the United States in the last year. That number is set to rise as another round of funding for the Paycheck Protection Program has been approved by Congress. $284 billion has been allocated to fund small business loans. Shelley Brown, a lender relations specialist for the Small Business Administration, says the priority is to focus on businesses most impacted by the pandemic—especially thos...