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Park Bank Helping Madison Area Businesses With PPP Loans
May 12, 2020
Categories: News & Releases
Where you bank matters. Just ask the Wall Street Journal and Jim Cramer of Mad Money on CNBC, who recently touted the way community banks were able to provide value, successfully assisting small businesses with the Paycheck Protection Program.
The Paycheck Protection Program, or PPP, was put in place to provide assistance to small businesses, offering a forgivable loan if the business retains its employees for eight weeks and the funds are used for payroll, rent, mortgage, mortgage interest,...
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