Coronavirus Emergency Loans for Small Business
SBA Paycheck Protection Program Guide and Checklist
5-4-2020 ALERT: WesBanco still accepting new SBA PPP applications
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses. On April 24, 2020, Congress passed a second round of funding under this program to provide an additional $310 billion in support for small businesses in the U.S.
Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward.Learn More
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WesBanco operates 236 financial centers in the states of Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and West Virginia. Over the past decade, we have built a national reputation as a safe, sound and profitable bank holding company that always strives to do better by its customers.Locations