By Kirk Kern When the coronavirus pandemic shut down businesses across the country, the federal government took quick action to help small businesses by enacting the Paycheck Protection Program. The problem was, initially, that no one knew any of the details about how to actually get these loans or any of the other details about how they could be forgiven. That’s … [Read more...] about Nevada State Bank helped clients stay afloat during initial phase of pandemic
Nevada State Bank
Nevada State Bank awarded Small Business Administration’s Top Statewide Lender for Small Businesses and provides critical capital through Payroll Protection Program funds
The Small Business Administration Nevada District office named Nevada State Bank number one statewide lender for its commitment to providing critical capital to Nevada’s small businesses in 2019. The award recognizes SBA loan efforts: government-backed loans that help small businesses get started, maintain operations or expand partners in the lending community. Determined … [Read more...] about Nevada State Bank awarded Small Business Administration’s Top Statewide Lender for Small Businesses and provides critical capital through Payroll Protection Program funds
Nevada State Bank secures approval for 4,200+ PPP loans
Based on processed applications as of May 13,, Nevada State Bank has announced approval for 4,255 U.S. Small Business Administration (SBA) Paycheck Protection Program (PPP) loans totaling $592,005,500. More than 68% of the loans were made to businesses with fewer than 10 employees and approximately 82% … [Read more...] about Nevada State Bank secures approval for 4,200+ PPP loans