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Category: Coronavirus Resource Center

April 22, 2020

SBA Paycheck Protection Program Application Instructions

ENB is here to help you through the process of applying for a SBA Paycheck Protection Program loan. Here are instructions to help you get started. Any forms you need are included as hyperlinks in these instructions.

April 16, 2020

SBA Email Scam Alert

During times of crisis, one of the way scammers attempt to spread malicious software, aka malware, is by sending emails that appear to come from government agencies. Ephrata National Bank has become aware of an email appearing to be from the U.S. Small Business Administration (SBA) that contains malware.  The email is identified by the Subject: SBA/Grant/Testing Centre Vouchers.

April 13, 2020

Economic Impact Payment FAQs for Consumers

In March, Congress passed—and President Trump signed into law—the CARES Act, a $2 trillion economic relief package to provide assistance to American consumers and businesses struggling as a result of the coronavirus pandemic. A provision of the law includes sending government payments to eligible Americans. To help answer common questions about these payments, the American Bankers Association has developed the…

April 09, 2020

FAQs About the SBA Paycheck Protection Program

In working with small businesses applying for the SBA Paycheck Protection Program, ENB is hearing some common questions from borrowers. To help others as they work their way through completing the application, determining how much they are eligible to borrow and providing the necessary documentation, we assembled these frequently asked questions.

March 31, 2020

Summary of Small Business Loan and Funding Sources

As the coronavirus pandemic has left businesses scrambling to respond to revenue loss, both the federal and PA state government have announced programs to help businesses survive the crisis.  As information and the final details of these programs have been evolving, it can be difficult for the average business owner facing a variety of challenges to keep up. To help our customers decipher information that is circulating, Ephrata National Bank is providing a summary of some currently announced and available programs that could be potential sources of emergency funding for your business.  

March 20, 2020

ENB Announces Actions to Assist Customers During Coronavirus Outbreak

As the Coronavirus Outbreak continues to grow and evolve, we are receiving numerous inquiries from customers expressing concerns about various aspects of their banking relationship and financial well-being.  We want our customers to know that we are ready to stand with them and provide assistance.  If ever there was a time to demonstrate our WE CARE commitment and ease our customers’ anxiety, it is now.  With that in mind, we announce the actions that will go into effect immediately.

March 20, 2020

Protect Yourself from Coronavirus Scams

Unfortunately, during times of uncertainty, scammers attempt to prey on widespread fears in order to take advantage of consumers.  Although the scams may have changed, the steps you can take to protect yourself are fundamentally the same.   In addition to staying safe physically, we'd like to remind everyone about steps they should take to stay safe fiscally.

Contact us and we’ll answer your questions.