The Transylvania Times -

For Small Business Customers: United Community Bank Reserves $960 Million

 

Last updated 4/20/2020 at 12:15pm



United Community Bank is proud to announce it has successfully processed 6,918 applications through the Paycheck Protection Program (PPP) under the CARES Act, reserving more than $960 million for small business applicants. As one of the largest preferred SBA lenders in the Southeast, United Community Bank mobilized its existing SBA team and hundreds of additional bankers to expedite application processing. Following the announcement of the CARES Act, United quickly developed and continues to refine a new, electronic loan application portal to automate the entire process.

“We are proud of...



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