COVID-19 and Paycheck Protection Program Updates

LOBBY MASK UPDATE: January 5, 2022

Regardless of your vaccination status, we strongly recommend that you please wear a mask when entering our building.

Please note that our employees will also be following the same protocol for the safety of our customers and community.

Thank you for your cooperation!

 

PPP ALERT: May 5, 2021 - Litchfield Bancorp - A Division of Northwest Community Bank Is No Longer Accepting Paycheck Protection Program (PPP) Loan Applications

The Small Business Administration announced that Paycheck Protection Program (PPP) funds have been exhausted and that PPP applications will no longer be accepted from most lenders.

SBA has reserved funding for previously submitted loan applications subject to SBA hold codes that have yet to be resolved. However, loan applications that have not yet received an SBA loan number have not been approved. There is also congressionally mandated funding for PPP loans made by designated "community financial institutions," defined for bankers' purposes as minority depository institutions and community development financial institutions.

PPP Loan Forgiveness

We are accepting applications for Paycheck Protection Program Loan Forgiveness now.

To begin your application, please click the button below.

Begin Forgiveness Application