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Paycheck Protection Program
May 29, 2020
For many years, American Community Bank has proclaimed the importance of the local bank to its customers and community. The bank's participation in the recent Paycheck Protection Program (PPP), designed to help small businesses continue to meet payroll needs despite temporary reduced income, helps to highlight that importance.
PPP Totals (to date) for American Community Bank:
Over $20.5 million in aid
Helping 281 businesses
Helping to preserve 2,651 jobs!
It's what community bankers do!
Phase II of the PPP required our lenders to fight an upcooperative, overwhelmed SBA loan portal, requiring lenders to work long through the night until the wee hours of the morning to secure the help our community businesses need.
American Community Bank continues to fight hard to help the local businesses, both customers and non-customers, that need the help the most.
We’re Here for You
We have dedicated ourselves to our customers and communities. We remain steadfast in our support and will continue to be here for you. We support the communities that have supported American Community Bank for over 110 years. If you have any questions or concerns, please give us a call.
President and CEO