Tewksbury Paycheck Protection Program Resources

Press release from the Town of Tewksbury:

April 29, 2020

In anticipation of the second round of funding for the Paycheck Protection Program going live on Monday, the Boston Fed has created a web page with resources for New England smaller businesses including nonprofits to aid them in applying to this program. It is anticipated that the second round of funding will run out quickly and that it is essential that applicants connect with a financial institution able to process their PPP loan immediately. The resource page includes:- An info sheet describing the program

- Links to other resources including program information and loan applications in 19 languages

- A list of technical assistance providers indicating they are able to help small businesses/nonprofits apply for the PPP

- A list of financial institutions that are able to process PPP loans for non-customers

You can visit the page here: https://www.bostonfed.org/in-the-region/covid-19-resources/paycheck-protection-program.aspx . The TA providers and FI lists will be updated as new organizations are identified, so please check back regularly in the coming days. Finally, to make it easier to identify whether one of the financial institutions on the list may be able to help a particular small business, I am including a list of their branch locations below. Please see the full list on the website for contact information.

Financial Institutions with Capacity to Process PPP Loans for non-customers (visit the list here for updates)

Note: Branches offered for informational purposes and may or may not indicate the financial institution’s service area. Many financial institutions have temporarily closed branches in response to COVID so it is suggested that you contact these institutions via phone or email.

Connecticut

Eastern Connecticut Savings BankMain branch: Norwich CTOther branches in CT: Norwich West Side, Norwichtown, Jewett City, Plainsfield

Massachusetts

GFA Federal Credit UnionMain branch: Gardner, MAOther branches in MA: Ashburnham, Keene, Hubbarston, Leominster, Rutland, WinchendonBranches in NH: Petersborough, Rindge Leader BankMain Branch: Arlington, MAOther branches: Belmont, Boston Seaport, Burlington, Cambridge, North Brookfield Savings BankMain branch: North Brookfield, MAOther branches: East Brookfield, West Brookfield, Ware, Palmer, Belchertown, Three Rivers Pittsfield Cooperative BankMain branch: PittsfieldOther branches: Dalton, Great Barrington Reading Corporative Bank Main branch: ReadingOther branches: North Reading Andover, Burlington, Wilmington, Wakefield Workers Credit Union (offers translation in Spanish, Portuguese, and Vietnamese)Main Branch: FitchburgOther branches: Athol, Chelmsford, Monty Tech, Gardner, Groton, Lancaster, Leominster, Lunenburg, Orange, Townsend, Westford, Worcester Planit

New Hampshire

See GFA Credit Union See Union Bank

Maine

Norway Savings BankMain branch: Norway, MEOther branches: South Paris, Bridgton, Naples, Auburn, Bethel, Gray, Fryeburg, Windham, Freeport, Standish, Yarmouth, Topsham, Brunswick, Falmouth, Gorham, Portland, South Portland, Scarborough, Saco, Kennebunk,Seaboard Federal Credit UnionMain branch: HermonOther branches: Bucksport, Ellsworth

Vermont

Vermont Community Loan FundLocation: Montpelier Union Bank VermontService areas Vermont: Chittenden, Lamoille, Franklin, Washington, Caledonia, Orleans, Addison, Orange andEssex CountiesService areas in New Hampshire: Grafton, Coos, and Carroll Counties

This press release was produced by the Town of Tewksbury. The views expressed here are the author’s own.