Business news of local interest
F.N.B. processes business PPP loans
F.N.B. Corp., parent company of First National Bank, has processed more than 18,000 Small Business Administration Paycheck Protection Program loans to date, representing about $2.6 billion in direct relief to small businesses across the company’s seven-state footprint.
FNB has closed and funded 94 percent of the PPP loan requests, resulting in $2.4 billion already advanced to its clients.
FNB was one of the first banks to announce a program providing additional support measures to alleviate the financial burden on businesses and consumers from the COVID-19 pandemic, including relief efforts and deferral programs.
First Commonwealth announces giveaway
First Commonwealth Bank is giving away $20,000 to small businesses in its Small Business Giveaway. The campaign, running through May 15, will award two prizes of $10,000 each, one in Ohio and one in Pennsylvania.
Businesses of 50 employees or less that are interested in entering can visit www.fcbanking.com/small-business-giveaway/ and fill out the contest form.
The winners will be chosen randomly on May 18 and announced on First Commonwealth Bank’s LinkedIn and Facebook pages.
More information on these initiatives and all COVID-19 related information is available at www.fcbanking.com.
SAP&DC writes to governor, asks for opening chance
The board of directors of the Southern Alleghenies Planning & Development Commission, representing Bedford, Blair, Cambria, Fulton, Huntingdon and Somerset counties, has submitted a letter to Gov. Tom Wolf to re-examine the COVID-19 phased reopening plan.
The letter cites that the Southern Alleghenies Region when compared to those counties also designated red, reveal numerous inconsistencies in virtually all relevant pandemic metrics, including: new infection rates, deaths, positive/negatives testing ratios, ICU hospitalizations and the availability of ICU beds, intubations (including deployment of ventilators), positive cases in long-term care facilities and exposures of first responders to confirmed positive infections.
The letter adds that when applying the commonwealth’s criteria, nearly every measure should allow the region’s reopening with aggressive mitigation to yellow status. SAP&DC acknowledges that if limited capacity for testing, including antibody testing, is deemed an essential component for earlier opening, that the region seeks the commonwealth’s help for providing test kits and related processing.
Damin Printing entering partnership
Damin Printing is partnering with LE SupplyPRO program, the National Sheriffs’ Association and Strategia Project Management Inc. to become a distributor of Strategia-Microsure Antimicrobial Solutions. Currently the only distributor in Pennsylvania, Damin will carry the Strategia’s top products including 8-Hour Defense Hand Sanitizer and MICROSURE All-Purpose Cleaner and Disinfectant.