The First National Bank in Sioux Falls has been the trusted financial partner for local businesses for 135 years, and we’re not stopping now. We’ve been working long days and nights to help bring relief to the small businesses and non-profits we are so lucky to serve.
Our work with the Paycheck Protection Program (PPP) has been key in supporting local businesses. As of June 22, we’ve processed more than $100 million in PPP loans, helped more than 800 businesses, and helped keep more than 10,000 small business employees on payroll. It’s our calling as a local financial institution to go the extra mile for our customers and our communities, and that’s exactly what we’re doing and will continue to do.
Our work is not finished, though. Our Business Banking team has been following updates from the SBA and U.S. Treasury regarding the forgiveness of PPP loans. We’ve been in communication with PPP borrowers as updates have become available. You can find all of our communication in the links below in one, convenient location.