Editor's Picks

Banks gear up to process business loans

• Bookmarks: 49


by Joseph Gresser

Bankers are working overtime to process loans meant to keep businesses running and their employees on the payroll during the coronavirus lockdowns across the country.

Loan officers at Community National Bank toiled through the weekend to make sure applications from local companies were ready to go, said President and CEO Kathy Austin Saturday. The CARES Act, passed by Congress about two weeks ago, set aside around $350-billion for the Paycheck Protection Program. 

this story and more in the full edition of this week’s paper. Subscribe now to access our e-version or to have it delivered to your home weekly by selecting a link below:

Annual online subscription

Short-term online subscription

Print subscription

(To find a particular article, search for the corresponding edition of the newspaper)

Share
49 recommended
57 views
bookmark icon