Briefs for Jan. 10
The Small Business Administration is reopening Paycheck Protection Program loans and Timberline Bank is ready to help.
Source: gjsentinel.com
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Briefs: Timberline Bank handling PPP loans
The Small Business Administration is reopening Paycheck Protection Program loans and Timberline Bank is ready to help. Timberline, at 649 Market St., announced in a Friday news release that it is ready to process new PPP borrows and some existing borrowers beginning Monday. With the program restarting, those who did not receive the loan in 2020 will be eligible for a PPP First Draw loan early this week, the release said. By the midpoint of the week, businesses who did receive a PPP loan can apply for a Second Draw loan. âPPP First Draw has more flexibility for seasonal employees and busi...
Source: gjsentinel.com