Question about PPP

Jul 15, 2025 4:18:17 PM

Yes, our counsel confirmed this. Banks are not eligible. Also, we just received word that the PPP program is out of funding as e-Tran is no longer assigning PLPs.

Adam Stovall

Executive Vice-President &

Chief Financial Officer

Direct (770)500-1248

1817 North Brown Road

Lawrenceville, GA 30043

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------Original Message------

Has it been confirmed that a bank itself isn't eligible for a PPP loan through another bank?

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Mary Fowler
Chief Executive Officer
The Peoples Bank
Magnolia AR
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