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Mifflinburg Bank & Trust Helps 131 Local Businesses, Providing $17.2 Million in PPP Loans

4/23/2020 10:14 AM - Business Updates

Mifflinburg, PA – Mifflinburg Bank & Trust disbursed $17.2 million in loans through the federal Paycheck Protection Program (PPP) to 131 local businesses. All of the completed applications received prior to the first round of program funds running out were processed and closed. All loans were approved and disbursed within 10 calendar days, with the MBTC loan staff working evenings and weekends to process the applications. The Paycheck Protection Program was implemented as part of the CARES Act to help businesses pay employees and stay in business during the COVID-19 crisis.

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