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Stock impact report

Customers Bank Strongly Supports Small Business Administration’s Response to Offer Disaster Relief Lending

Customers Bancorp, Inc (CUBI) 
Last customers bancorp, inc earnings: 1/22 04:54 pm Check Earnings Report
Company Research Source: Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--The Small Business Administration (SBA) has taken swift action to offer support to small business owners who have been impacted by the economic implications of the novel Coronavirus (COVID-19). The SBA announced yesterday that it is working with state Governors and will provide up to $2 million in targeted, low-interest disaster recovery loans to companies severely affected by the Coronavirus.In addition to disaster relief that is being offered by the government, Customers Bank (NYSE:CUBI) is reaching out to small business clients to make them aware of the SBA’s emergency program, traditional SBA financing options, and other financial assistance options being offered by the bank, including lines of credit. The bank will continue to closely monitor developments related to COVID-19 and offer assistance to business clients, should they need it.“We value the health and wellbeing of our clients and team members above all else and want to make sure the Show less Read more
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