Liberty Bank Continues to Offer Businesses a Financial Lifeline through the Extended Paycheck Protection Program


by Liberty Bank | Jul 07, 2020

Liberty’s Ongoing Outreach to Minority-, Women- and Veteran-owned Businesses

With the federal government’s recently announced temporary extension of the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) through August 8, 2020, Liberty Bank wants Connecticut businesses to know they continue to stand ready to assist them in securing the PPP funding they need to keep their doors open and their employees working.

Liberty Bank is also extending its partnership with various community organizations to raise awareness of the federal government’s PPP program among minority-owned, women-owned and veteran-owned businesses. The Bank will be scheduling additional training sessions to help guide business owners through the PPP application process. Liberty will be announcing the dates for those training session in the coming days.

All Connecticut business owners – whether they are customers of Liberty Bank or non-customers – who wish to apply for aid through the PPP loan program should visit www.liberty-bank.com/COVID-19 where they will find more information and access to the online platform to submit applications.

Since April 3 when the first round of PPP funding became available, Liberty Bank has helped more than 3,300 businesses secure over $305 million in PPP loans.

“The small business community is the lifeblood of our local economy. That’s why we worked around the clock over the past four months to be a financial lifeline for thousands of businesses hoping to secure the PPP funding they needed to stay open and protect their hard working employees during this unprecedented time,” said David W. Glidden, President & CEO of Liberty Bank.

“With the extension of the PPP program through August 8, Liberty is positioned to help even more businesses ensure the signs on their doors continue to read ‘Welcome, We’re Open for Business’.”

About Liberty Bank

Established in 1825, Liberty Bank is Connecticut’s oldest bank, with $6.7 billion in assets and 60 banking offices throughout the central, eastern, western and shoreline areas of the state. As a full-service financial institution, Liberty offers consumer and commercial banking, home mortgages, insurance, and investment services. Named ‘Top Workplace’ by the Hartford Courant for eight consecutive years, Liberty maintains a longstanding commitment to superior personal service and unparalleled community involvement.  

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