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Elkhorn Valley Bank & Trust is proud to partner with the United States Small Business Administration to offer Paycheck Protection Loans as part of the SBA's response to the COVID-19 Pandemic. The unique program allows small businesses to borrow up to 2.5 times their average monthly payroll and related expenses, up to $10 million. Loans do not require guarantees by the borrower and a portion of the loan principal balance used for Payroll, Mortgage Interest, Rent and Utilities are 100% forgivable if certain conditions are met. Click here for Frequently Asked Questions about the Paycheck Protection Loan Program. Call any Elkhorn Valley Bank branch to speak with a lender today about how to apply.
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