Important Update About PPP
Updated May 6, 2021
The SBA announced on May 4 that PPP loan funds have been exhausted and they are no longer accepting loan applications from most lenders, including Park National Bank.
Limited funds are still available for PPP loan applications submitted through designated community financial institutions, which includes community depository financial institutions (CDFIs) and minority depository institutions (MDIs). Although other eligible lenders may have unique qualifications or restrictions, here are a couple of resources you may try to identify an alternative source for a PPP loan.
Community Development Financial Institutions (CDFIs) – View a current list of certified CDFIs.
You may also find other specialized COVID-19 business relief program options and updates on the SBA’s website.
If you have other business needs or questions, please contact your lender or banker directly.
Thomas J. Button
Chief Commercial Credit Officer