Independent Bank is proud to help local businesses who have been negatively impacted due to COVID-19 via the Small Business Administration’s (SBA’s) Paycheck Protection Program (PPP). The PPP is an SBA loan that helps businesses keep their workforce employed during the COVID-19 crisis.
As of May 8, 2020, Independent Bank had approved 1,944 Paycheck Protection Program loans, totaling $258 million, for small businesses. Independent Bank is honored to support local businesses, especially during these trying times.