(478) 625-2000 SBA PAYCHECK PROTECTION PROGRAM For the Latest Update on the Paycheck Protection Program Click Here. 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 pandemic. The Paycheck Protection Program is a federal loan program aimed at helping small businesses who have been severely impacted by COVID-19. On December 27, 2020 a second stimulus package was signed into law, providing an additional $284.45 billion in funding for the PPP, available in first and second draw loans. Please return to this page frequently for updates and information. QUICK FACTS Uses Payroll, mortgage interest, rent and utilities, and certain other costs related to COVID-19 Amount 2.5X business’s average monthly payroll (subject to caps) Rate Fixed 1.0% Annual Percentage Rate Terms Loans have a maturity of five years. Forgiveness Up to 100% with approval (subject to validation of qualification) Program Dates January 19 - March 31, 2021 COMMUNITY IMPACT COMMUNICATIONS ARCHIVE PPP LOAN UPDATE FROM THE PRESIDENT 1/15/2021 PPP LOAN UPDATE FROM THE PRESIDENT 12/3/2020 PPP LOAN UPDATE FROM THE PRESIDENT 9/11/2020 PPP LOAN UPDATE FROM THE PRESIDENT 7/16/2020 PPP LOAN UPDATE FROM THE PRESIDENT 6/5/2020 PPP COMMUNITY IMPACT STATS 6/2/2020 PPP LOAN UPDATE FROM THE PRESIDENT 5/8/2020 PPP LOAN UPDATE - SAVANNAH 4/17/2020 PPP LOAN UPDATE - AUGUSTA 4/16/2020 PPP LOAN UPDATE - RURAL HOSPITALS 4/13/2020 PPP LOAN UPDATE - METTER 4/10/2020 Q IS HERE TO HELP - PPP LOANS 3/31/2020 6 STEPS TO HELP PREVENT THE SPREAD OF COVID-19 RESOURCES SBA Small Business Guidance & PPP Resources 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 Previous Next 1 2 3 4 PRIVACY | SECURITY | POLICIES ACCESSIBILITY CAREER OPPORTUNITIES SITEMAP DOWNLOAD QNBT MOBILE BANKING APP Copyright 2021 Queensborough National Bank and Trust Company. All rights reserved. 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.