Tips, Trends and Tidbits

The CARES Act and the Paycheck Protection Program (PPP)

Germantown Trust & Savings Bank, a federally insured depository institution, is participating in the Paycheck Protection Program (PPP), an SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.

We will be taking loan applications as soon as April 3, 2020.  We will continue to update this page as we receive information from the US Treasury, Small Business Administration and our regulators.

For more information on both, please follow the links below.

https://home.treasury.gov/cares

https://www.sba.gov/funding-programs/loans/paycheck-protection-program-ppp