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SBA Paycheck Protection Program (PPP)

SBA Paycheck Protection Program

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CUSTOMER FEEDBACK

We can’t thank the Q team enough for their dedication, as they worked diligently and tirelessly to help us maneuver through the COVID 19 pandemic. We consider the Q team a valued business partner!

Sandi Shields Co-Owner of Best Office Solutions

J & J Scholarship

Customer Feedback

Queensborough Bank could not have been more responsive and helpful than they have been during the current COVID19 crisis. I now have my PPP funds and am so grateful for my banking partners at Queensborough!

Katy and Shawn Ledford of Mellow Mushroom

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Customer Feedback

Creshauna Darrisaw helped to make the SBA PPP loan process extremely painless. The necessary information was given to us quickly and documents processed promptly. Thank you Creshauna and the Queensborough team for your commitment to your customers and your professional customer service.

Claudia Jones of Universal Plumbing Inc

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CUSTOMER FEEDBACK

In these uncertain times you may feel that a big bank is your best bet. That could not be further from the truth! A local bank with local people is how you get things done. Queensborough has the technology, resources, and staff to assist our needs. We have the money we need now and the big bank still hasn’t reached out to see if they can help. Our ONLY banking relationship will be with Q from here forward.

Kathryn Murph of Automated Business Resources

abrdigitalofficesolutions

Customer Feedback

I would like to thank Queensborough Bank for all of their help with the SBA Paycheck Protection Program loan process. The staff at Queensborough Bank was super efficient and provided great guidance throughout the process.

Antoine Poythress, CEO/CFO 

Washington County Regional Medical Center

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SBA PAYCHECK PROTECTION PROGRAM (PPP)

We’re here to continue supporting our businesses

Queensborough National Bank & Trust Company is committed to helping our business customers during the COVID-19 epidemic. The Paycheck Protection Program, part of the new CARES stimulus package, is a federal loan program aimed at helping small businesses who have been severely impacted by COVID-19.

Please return to this page frequently for updates and information.

Quick Facts
 

Uses
Payroll, mortgage interest, rent and utilities, Interest on debt incurred before 02/15/2020

Amount
2.5X business’s average monthly payroll (subject to caps)

Rate
Fixed 1.0% Annual Percentage Rate

Terms
No payments for first 6 months and a total 2-year term

Forgiveness
Up to 100% with approval (subject to validation of qualification)

Community Impact
 

PPP Loan Summary Graphic

 

Welcome to Queensborough National Bank and Trust, your destination for all of your banking needs.

We offer a wide range of banking services including personal banking, business banking, mortgage services, and wealth management. At Queensborough, we offer various financial services and banking products to our retail and corporate customers through a variety of channels.

Started in 1902 as the First National Bank and Trust Company, today Queensborough has over 25 locations spread across the state from Augusta to Savannah. We take pride in offering professional banker expertise coupled with a personal banker attitude while offering first-class customer services to our esteemed customers. At Queensborough, we provide state-of-the-art technology to make the banking experience the best it can be for our customers. Time and again, Queensborough National Bank and Trust has been recognized by its patrons for our trustworthy and reliable services.

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