Paycheck Protection Program (PPP)
The Small Business Administration (SBA)'s Paycheck Protection Program (PPP) provides loans to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. Old Point is proud to have helped approximately 1,000 small businesses and over 10,000 jobs in our community through PPP loans in 2020 and we look forward to assisting you with your continued PPP needs.
UPDATE: We are no longer accepting applications for PPP loans, as the SBA has announced that PPP funding has been exhausted. The SBA has reserved funds for some of the loan applications previously submitted to the SBA but not approved yet and we will be working to update those applicants as soon as more information is available.
Please click on the appropriate link below for the information and applications relevant to your circumstances:
>> Click here to apply for PPP Loan Forgiveness
>> Click here to read more about the local impact of our assistance
If you have any questions, please reach out directly to your Branch Manager or Relationship Manager. If you aren't sure who to contact, you can call our Customer Service Center at 757.728.1290 or email [email protected].