Last Updated 5/12/20
As your local community partner and a preferred lender with the SBA, Starion Bank has been hard at work funding for businesses through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, also known as the SBA Paycheck Protection Program (PPP).
Our team has worked tirelessly to secure over $82 million for nearly 600 businesses, with those numbers growing every day! We are proud that these efforts are helping small business customers and their employees, providing them with some relief and stability during this crisis.
While we continue to process applications, we expect the second allocation of funds will be quickly disbursed. There may be additional loan programs through the Bank of ND to support your working capital needs, so please contact your banker or call us at 888-258-6050.
If you have received a PPP loan from Starion Bank and have questions regarding forgiveness, please visit the SBA's website, US Department of the Treasury or reach out to your banker.
The Independent Community Banks of ND (ICBND) has provided a Forgiveness Workbook to assist in the PPP Loan Forgiveness process. Information and interpretations from ICBND are based upon the most recent information available from the SBA and are subject to change.
Rest assured, we are doing everything we can to help you get through this and will continue to provide up-to-date information as it becomes available. Don't hesitate to contact us with questions.