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Paycheck Protection Program Update

May 5, 2021--After more than a year of operation and serving more than eight million small businesses, the Small Business Administration (SBA) has indicated that funding for the Paycheck Protection Program (PPP) has been exhausted. At this time, Peoples Bank will no longer be able to accept new Paycheck Protection Program loan applications. If your application is currently pending, please contact your Business Banker to review your account and discuss your options.

To access the most updated information regarding the PPP, please visit the SBA's website.

Peoples Bank will continue accepting Paycheck Protection Program Forgiveness applications via our portal below.


PPP Forgiveness Submission Portal


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