Oosterse starts the process of solicitation for the second round of the PPP

Oosterse festiging hoy que comenzó a recibir solicitudes para la segunda ronda de otorgacion de los préstamos del Programa de Nónina Protección de (PPP, por sus siglas en inglés).

Currently, only customer requests that have not been requested by a preamble to this program before, these customers can apply for and receive orientalbank.com/ppp. While, the customers who participate in this program must hope as soon as possible to have the option to apply again.

This segment (of small and medium-sized businesses) plays a very important role in the economy of our island, and our response is necessary to continue operating its negotiations and not be affected more economically. He has two months for them, and since then the principle has been presented to them. Total $ 275 million raised by PPPs, impacting over 3,300 businesses and 58 million employees of business, ”said Carlos Comas, Vice President of Business Banking at Oriental.

In the same way, Comas recalculates that the entire process of solicitation with Oriental is digital, making it easier, more accessible and fast for our customers. “We are the premier banker in creating this digital process from the first round and offering fast responses to our customers. This occasion is the implementation of the same manner, first with those who have not participated in the program and lie with those who have applied earlier ”.

Following the establishment of the Small Business Administration (SBA) project, the companies will continue to help the small and medium-sized enterprises with the retention of employees also cover additional guests, including operating guests, owners’ expenses, rental costs of the workers.

On the other hand, in this second round of PPP the client that has participated in the program has had the disbursed funds received in the first round of the PPP for the eligible users, this is before the new pre-unveiling period. In addition, there is no debtor of more than 300 persons, but it is tenido al menos a reduction of 25% of the los ingresos brutos entre trimestres comparable in 2019 and 2020.

To know the details about how we can help the small and median companies with their negotiations and to solicit the help, the customer can communicate with their relationship manager or access orientalbank.com/ppp.

“We are more than willing to provide the service and help our customers need to keep up with their business and pay employees. We are here to help ”, Comas concludes.