Valley Strong commits to helping local businesses through Paycheck Protection Program
Valley Strong Credit Union
January 16, 2021
Valley Strong Credit Union is proud to announce it will once again participate as a lender for the Small Business Administration (SBA) Paycheck Protection Program (PPP) and offer support to businesses throughout the Central Valley.
Valley Strong will begin accepting applications in the coming days and adhere to all program guidelines as outlined by the SBA. Continuing our ongoing commitment to local business, we have created an online resource at http://www.valleystrong.com/ppp. The page will include a link to the application, information about program requirements and up-to-date information as it becomes available from the SBA.
During the COVID-19 pandemic, Valley Strong helped fund $16.8 million in PPP loans, and served as one of only four institutions chosen to administer the Kern Recovers Small Business Relief Program, connecting local businesses with $15 million in funding. In addition, Valley Strong bestowed $125,000 in grants to non-profits in Kern and Tulare counties.
Valley Strong Credit Union operates 13 branches, serving more than 150,000 individuals, with approximately $2.2 billion in assets. It remains one of the largest financial institutions headquartered in the San Joaquin Valley.