SBA's PPP Is Help For Local Businesses
We have been actively working with the U.S. Small Business Administration (SBA) since the inception of the Paycheck Protection Program (PPP) which originally launched on Friday, April 3, 2020. On January 15, 2021, the SBA began a second round of PPP lending in an effort to ensure continued financial support for small businesses during the COVID-19 pandemic.
By The Numbers
As of today, Watertown Savings Bank has processed over 1,000 PPP loans securing more than $92 Million to provide continued wage support for local businesses.
Recognition in Banking Northeast Magazine
This Is Why Banking Local Matters!
"Banking Local Matters" is more than just a slogan.
- It means being accessible to our customers no matter the situation.
- It means delivering on our promise of being committed to their needs.
- It means being a resource to help guide them through hard economic times.
Banking local means supporting the community you call home.
The power and importance of Banking Local could not be more evident than they are today! We are here for you, your small business and our community!