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Paycheck Protection Program stats 2020

By the Numbers: Paycheck Protection Program

Over the past several months, bankers from Commerce have listened to – and learned from – thousands of small business owners whose companies have been upended by the coronavirus. While each one’s story is unique, their fears are universal. How can my business survive the pandemic? Will I be able to pay my employees? What will the “new normal” mean to my business?

With the Paycheck Protection Program (PPP), funds from the Small Business Administration (SBA) have allowed thousands of our customers to keep staff on payroll and adjust operations during this time of crisis. We are proud to work with our communities, providing strategies on how to move forward while facing these times of uncertainty together. Whatever your challenge, Commerce Bank is here for you.

Paycheck Protection Program Loan Infographic Paycheck Protection Program stats 2020