Mississippi Bankers and Businesses Reflect on Paycheck Protection Program
Amanda Manning Markow from the Mississippi Bankers Association shares stories from bankers and the businesses who were saved by Paycheck Protection Program loans. The program, started last year amid the COVID-19 pandemic, has been a popular lifeline for businesses in Mississippi.
Markow writes that PPP loans were the “lifeblood” for a lot of small businesses in the state and that loans went to “a mix of farmers, agriculture industry businesses, independent handy men, convenience store owners, and restaurants and other food service businesses.”
Markow also highlights how bankers went above and beyond to help their customers in need. One business owner said her banker “called us to let us know PPP was available to us because they knew we might need it. We received the PPP loan twice. Each time he walked us through the changes, so I would know what our responsibility was.” Read more.