COVID-19 Loan Relief Options

Paycheck Protection Program

We are currently accepting applications for the US Small Business Administration (SBA) Paycheck Protection Program (PPP). Whether you are a first-time applicant or seeking a second draw loan, we understand the importance of PPP funding for your small business and we are working around the clock to facilitate this relief.

Eligibility criteria:

  • Your business was in operation on Feb. 15, 2020
  • Your business employs 300 or fewer employees
  • You can demonstrate a 25% reduction in gross receipts in any quarter of 2020 relative to 2019.
  • If having received a first PPP loan, you have used or will use, the full loan amount.

Complete the Application Interest Form

Lincoln Savings Bank is not able to guarantee that all interested applications will be serviced due to the high application volume and the limited availability of PPP funds. However, we will do our best to accommodate as many small businesses as possible.

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