As Southeastern Pennsylvania moves into the state’s “Yellow Phase” for economic reopening, many local businesses are pulling double duty – working to reopen their doors AND understand what comes next with their participation in the government’s Paycheck Protection Program. In this episode, we're joined by Randy Stradling, Credit Officer II with Penn Community Bank, to better understand the PPP and how recent changes will impact participating employers. In our conversation we get a glimpse at the unprecedented volume of lending through the program, what Congressional and agency changes mean for loan forgiveness applications, and what comes next comes next for borrowers.
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Mutual Growth is the official podcast of Penn Community Bank - member FDIC. Equal Housing Lender. It is produced for the benefit of current and prospective customers and partner organizations. This program is provided to you solely for educational and entertainment purposes. The information contained herein is based on sources believed to be reliable, but is not represented to be complete and its accuracy is not guaranteed. The opinions, views, and estimates expressed are those of the producer at this date and are subject to change without notice. Please email firstname.lastname@example.org regarding booking or repurposing of any part of this podcast.
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