The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced on January 8, 2021, that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. We are monitoring developments and awaiting additional guidance from the SBA.
In the interim, please continue to refer to the Small Business Administration website https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program for updated applications and fact sheets regarding the Payroll Protection Program. Completed applications may be submitted to us at email@example.com.
As a community bank, we understand the uncertain economic conditions small businesses are facing and are preparing to assist you on your journey to recovery. We thank you for choosing The Harbor Bank of Maryland and look forward to continuing our relationship.