Important Update on Paycheck Protection Program Round 2
Legacy Bank of Florida is pleased to inform you of our intention to participate as a lender in the forthcoming additional round of the Paycheck Protection Program. More details are expected soon from the SBA regarding the process involved in issuing loans under this round of funding. In general, this round of PPP will be more focused on businesses hardest hit by the pandemic, and we expect a more detailed review by SBA of loan amounts before loans are made. Legacy Bank assisted over 600 small business customers in Round 1, funding over $67.5 Million in PPP loans.
Please continue to monitor messages from Legacy Bank of Florida with more details about the program as they emerge.