Essex Bank is now participating in the Paycheck Protection Program (PPP) created by the CARES Act and administered through the Small Business Administration (SBA). Unfortunately, due to there being more questions than answers with respect to the SBA’s implementation of this program, this process is taking longer than initially expected, and we believe that funding may not arrive for days after an application is approved by the SBA. Essex is actively looking for answers and will do everything possible to ensure our customers get processed and approved as soon as possible. Thank you for your patience. As soon as we are able, we will begin processing these applications on more of a stream-lined basis for our customers.
