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Tag Archives: PPP

Clearing the air

Time is money

Despite helping New Jersey businesses of all sizes get through these challenging times, many companies remain skeptical about applying for the Paycheck Protection Program, even though it’s been a year since its introduction. Myths, misconceptions, inaccuracies—you name it—linger, and they may be causing unnecessary hesitation. First Bank President and CEO Patrick Ryan explores five common PPP misunderstandings and explains why, if you’re a business in need of cash, the time to act is now.

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What’s next?

PPP Paycheck Protection Program concept. Inscription on Keyboard Key

The Paycheck Protection Program generated considerable controversy after its March rollout with the COVID-19 pandemic taking a massive toll on the national economy. But, the loans did offer a reprieve to businesses that managed to secure them.

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