Small Business Owners
The COVID-19 Pandemic has had a negative financial impact on many businesses in our community and our Team at Rondout Savings Bank is here to help you during these uncertain times.
EFFECTIVE DECEMBER 21, 2020 – UPDATED PAYCHECK PROTECTION PROGRAM (PPP) LOANS INFORMATION
It was announced today that the Federal Government, through the Small Business Administration (SBA), will be issuing another round of Paycheck Protection Program (PPP) Loans. Rondout Savings Bank will once again be offering the PPP loans to our Business Customers through Pursuit Lending. Please continue to check our website or contact a lending professional for specific details on this round of PPP Loans. We look forward to providing our Business Customers the support needed to continue to weather through these most challenging times.
If your economic situation has been negatively effected due to these circumstances and you need to make a request for loan payment relief, please contact us, we are here for you!
Business Loan Payment Deferral Request
Rondout Savings Bank will consider your request for loan payment relief. After we receive your request, we will evaluate your situation and notify you of our decision within 10 business days. Please know if approved, we will follow up with an explanation of the terms of the forbearance and any required paperwork.
Additional Resources
Coronavirus Emergency Loans Small Business Guide and Checklist
News and Resources fro Small Business Owners
Stimulus Small Business Explainer
Small Business Stimulus Section by Section Summary
