It’s a good idea to review your credit report at least annually. Doing so can help you pick up on and resolve any inaccuracies, errors or other issues, such as identity theft, sooner. Monitoring your credit during uncertain times, like the COVID-19 pandemic, can also give you peace of mind about your financial health. That’s […]
Small Business Administration Offering COVID EIDL Loans for Small Businesses
The SBA (Small Business Administration) has announced the COVID EIDL (COVID-19 Economic Injury Disaster) Program loan, a low-interest, fixed-rate, long-term loan, intended to help eligible small business applicants overcome any negative financial effects brought on by the pandemic. The COVID EIDL Program loan, developed and managed entirely by the SBA, provides working capital to eligible […]
As a service to our customers, we will still be helping you with your Forgiveness Application
Our PPP business customers may have heard that the SBA is now accepting direct Forgiveness Applications from PPP borrowers. However, following our review of the SBA direct forgiveness program we have determined the platform and process we are currently using is less complex than the direct forgiveness program and so we will not be using […]
Micro Grants Available Now – Community Development Block Grant – CARES Direct Grant Program
Grafton Regional Development Corporation (GRDC) and three partner regional economic development corporations (Belknap EDC, Coos Economic Development Corporation and Wentworth Economic Development Corporation) have received more than $200,000 in CARES Act grant funding for small businesses that have been negatively impacted by the COVID pandemic. This Community Development Block Grant – CARES Act Funds Program […]
Landlords & Renters: Find Help For Rent & Utilities
If you are a renter struggling to pay rent or a landlord having trouble keeping up with other bills due to the pandemic, you may qualify for assistance. NH Emergency Rental Assistance and Rockingham County Emergency Rental Assistance Programs are working locally to distribute federal rental assistance in our communities to keep local individuals and […]
SBA Announces Paycheck Protection Program Extension Act Has Been Exhausted
As of Tuesday, May 4, the SBA announced that the funding for the Paycheck Protection Program Extension Act had been exhausted, and the PPP application portal will stop accepting applications for loans. Regrettably, we are unable to take any new PPP applications at this time. The SBA will not accept applications in progress or waiting […]
Restaurant Revitalization Fund Launches for Businesses In the Food Industry
We want to be sure you are aware of the new Small Business Administration (SBA) Restaurant Revitalization Fund (RRF). The RRF is essentially a grant and not a loan. The program is being run directly through the SBA. While the bank is not involved in the process, we want to be sure you were aware […]
Check the Status of Your Economic Impact Payment with the IRS Get My Payment Tool
The US Treasury has begun to deliver the third round of Economic Impact Payments (EIP) to eligible Americans. For most recipients, no action is necessary to receive your payment, it will automatically be deposited into the account you normal receive your tax refund to. The IRS will also be issuing payments via paper checks and […]
New Hampshire Housing Launches Community Heroes Homebuyer Initiative
In appreciation of the vital services that New Hampshire’s essential frontline workers have been providing during the COVID-19 pandemic, New Hampshire Housing has launched a special initiative to help them become homeowners. The new Community Heroes Initiative provides a $3,000 closing-cost credit to eligible first-time homebuyers who finance through one of New Hampshire Housing’s Plus mortgage programs. […]
IRS Issues EIP FAQs as Direct Deposits Begin Moving
The IRS has announced that the third round of economic impact payments will begin reaching Americans this week, with some direct deposit payments arriving as soon as this past weekend. “Additional batches of payments will be sent in the coming weeks by direct deposit and through the mail as a check or debit card. The vast […]