Atlantic Union Bank Able to Help Thousands of Small Businesses through SBA Paycheck Protection Program
Atlantic Union Bankshares Corporation (AUB)
Last atlantic union bankshares corporation earnings: 4/28 07:30 am
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Source: GlobeNewswire
RICHMOND, Va., April 16, 2020 (GLOBE NEWSWIRE) -- Atlantic Union Bank today announced that it was able to help thousands of small businesses across its operating footprint through the Paycheck Protection Program (PPP) from the Small Business Administration (SBA). As part of a $2.2 trillion stimulus package, the SBA was authorized to distribute $349 billion in forgivable loans to small businesses as long as those funds were used to keep employees on the payroll and cover other specified expenses such as rent. “For the last two weeks, our top priority has been helping our business clients with their PPP loans, and I’m proud of how our teammates across the Bank have worked to support them during this unprecedented time,” said John C. Asbury, CEO of Atlantic Union Bank. “These funds are a lifeline for small businesses and their employees, and we urge Congress to authorize more funding for this vital program.” The SBA began accepting loan applications on April 3 and announced today tha
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AUB
News
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- STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Atlantic Union Bankshares Corp. – AUBGlobeNewswire
AUB
Earnings
- 10/21/24 - Miss
AUB
Sec Filings
- 11/21/24 - Form S-4
- 11/14/24 - Form 13F-HR
- 11/5/24 - Form 10-Q
- AUB's page on the SEC website