Bank originated over $650,000 in PPP loans
Wed, 12/16/2020 - 2:43pm
Lake City Federal Bank (LCFB) has announced that it assisted 42 farmers, sole proprietor business owners, and other small business entities through the U.S. Small Business Administration’s (SBA) Payroll Protection Program (PPP).
PPP loans originated through LCFB totaled $650,424. The SBA has already paid off or “forgiven” 27 of the 42 loans so far.
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