Today, April 3, is the first day for business owners to officially apply for the Paycheck Protection Program (PPP) under the CARES Act. This letter includes the latest “how to apply” information, including last-minute changes and clarifications. These changes may affect you if you already completed earlier versions of the application. Please read the letter for more details.
The newly-enacted federal Coronavirus Aid, Relief, and Economic Security (CARES) Act aims to ease financial concerns for small businesses. However, many of the key programs like the Paycheck Protection Program (PPP) do not have clear processes about how to apply and process applications. In this letter to business owners, Mark Kajita provides more context about what to do now and what to expect in the near future.
Baker Boyer President and CEO, Mark Kajita, reaffirms Baker Boyer's position of financial strength and ability to serve clients during the Coronavirus pandemic.
In order to help protect our clients and employees in addressing the potential risks presented by the COVID-19 pandemic, Baker Boyer announces the closure of all of our branch lobbies and meeting rooms to the general public effective Tuesday, March 17. Baker Boyer’s drive thrus and ATMs will remain open.