We are in this together

We are faced with challenging times as the world deals with the impact of the coronavirus. The health risks are real and the economic implications for many businesses have been significant. As we continue to monitor the situation, we understand that some of our business customers may feel the effects of this growing health crisis and want you to know that we're here for you.



   

Business Lending Resources



      

     
   

Economic Injury Disaster Loans (EIDL)

   

The SBA has announced that businesses that have been adversely impacted by COVID-19 can apply for disaster loans.  These are low-interest, long-term disaster loans up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.

      

Interested businesses need to apply to the SBA as these are DIRECT loans, not bank loans.   

      

For additional information, borrowers should contact the SBA disaster assistance customer service center at 1-800-659-2955 or go to the link below. 

    


   

            


    

SBA Loan Deferment

   

For borrower’s with existing Valley SBA 7(a) Loans who are experiencing temporary cash flow issues, we will consider temporary deferments.

  

Those customers should complete the “Borrower Request for Deferment” form and contact their primary commercial lending officer for submission.  



 




  

  

   
     

   
 

More Resources

U.S. Small Business Administration
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U.S. Small Business Administration

Small Business Guidance & Loan Resources; Guidance for Businesses and Employers.

U.S. Small Business Administration


  


 
SCORE
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SCORE

The nation's largest network of volunteer, expert business mentors, with more than 10,000 volunteers nationwide. Offering business resources including remote mentoring, LIVE webinars, and online workshops.

SCORE Resources


    
  
America's SBDC
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America's SBDC

Locate local Small Business Development Centers (SBDC) affiliates for resources and assistance on business needs, consulting, and information.

America's SBDC