Paycheck Protection Program (PPP)
The Paycheck Protection Program (PPP) authorizes forgivable loans to eligible small businesses to pay their employees during the COVID-19 crisis.
First National Bank is participating in the Paycheck Protection Program (PPP) which is being implemented through financial institutions at the direction of the Department of the Treasury and the Small Business Administration (SBA).
Additional PPP Funding Update...
First National has over 20 employees devoted to PPP applications who again began processing hundreds of applications with the SBA on April 27th. The bank is set up to directly process with the SBA which streamlines and expedites this process. You will hear from your lender as quickly as possible - likely this week (week of April 27th).
- Existing First National clients, please contact your First National Lender or Banker for PPP assistance.
However, First National as a bank, has reached its capacity and is no longer accepting PPP applications.
- IMPORTANT: Due to the significant demand for this program, it is taking longer than we would like to respond to your inquiry. Rest assured, we will respond to you.
- First National is focused on assisting existing customers with their PPP and other relief efforts. As a result, we are not accepting PPP inquiries or applications from non-First National customers.