North Shore Bank to Facilitate Loans Through the Paycheck Protection Program
At North Shore Bank, we know your small business is important to you, and is equally as important to our community!
As an SBA lender, North Shore Bank is able to help facilitate your Small Business Administration loans through the recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act Paycheck Protection Program.
The CARES Act allocated $350 billion to assist small businesses across the country who are struggling amid the pandemic and economic downturn. The initiative provides loans to small businesses to be used to retain workers, maintain payroll and make mortgage, lease or utility payments as well as cover interest costs on other debt obligations incurred before Feb. 15, 2020.
If you believe you might be eligible for this program, our Business Banking Team is here to help — and we’re just a phone call away, 218-733-5569.