Paycheck Protection Program | Loan Forgiveness
Dear Metairie Bank Customer and Paycheck Protection Program Borrower: On February 5, we began processing Round 1 PPP Forgiveness requests. To date, we have successfully processed over 50% of our Round…
Ron Samford, President and CEO, discusses Round 2 of PPP Loans with Scoot on WWL
PPP Loan Round 2 Update
Dear Metairie Bank Customer and Paycheck Protection Borrower: The SBA has released the loan application for PPP Round 2. We have learned that the SBA portal will be open to…
Tune in every Wednesday at 1:40 on 105.3FM and 870AM to listen to Ron Samford, President and CEO, discuss bank industry news with Scoot on WWL.
Grassroots Needed on EIDL-PPP Conflict
While community bank Paycheck Protection Program lending has been the cornerstone of the U.S. economic recovery, many lenders and borrowers are bumping into an unexpected hindrance—the treatment of federal Economic…
How to keep the small-business recovery going
With Congress and the Trump administration locked in negotiations over the next coronavirus aid bill, they should act on one simple but important matter to ensure the success of the…
Ron Samford, President and CEO, discusses LA Main Street Recovery Grant Program with Scoot on WWL
Louisiana Businesses Can Apply for Virus Grants on July 28
BATON ROUGE (AP) — Louisiana will start accepting applications July 28 from small businesses seeking up to $15,000 grants to help with coronavirus expenses, Treasurer John Schroder announced Wednesday. The…
Paycheck Protection Program shifts to forgiveness portion
Ready to seek forgiveness for your Paycheck Protection Program loan? The government has made it easier for some businesses to do so by reducing the amount required to be spent…
Paycheck Protection Program funding expected to run out soon
New Orleans-area lenders are preparing for the second round of funding in the Paycheck Protection Program to be exhausted soon. By Sunday, over half of the $310 billion allocated…