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The Small Business Administration (SBA) has informed us that the Paycheck Protection Program funds have been exhausted, and the PPP application portal has stopped accepting applications. If you submitted an application, but did not receive loan paperwork, your relationship banker will reach out to you regarding the status of your loan. A limited amount of money was designated to minority deposit institutions and community development financial institutions. The following institutions in Maine are still accepting PPP applications:
NorState Federal Credit Union
Katahdin Federal Credit Union
Eastern Maine Development Corporation (EMDC) is no longer accepting PPP applications. It is EMDC's recommendation to seek funding from a National Community Development Institution called Lendistry. If interested, we urge you to explore this option for your business soon. To learn more, please visit the website here.
As a customer of Machias Savings Bank, the focus is on you. We will enhance your banking relationship by working with you to discover your banking needs. We will be there when you need us.
Member FDIC. Equal Housing Lender.
Routing Number: 211274531
Domestic and International Wire Instructions
NMLS Number: 469539
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