Neighborhood Allies teamed up with First Commonwealth Bank to provide critically needed technical assistance to small businesses and nonprofits and a dedicated banking partner that would process applications, provide approved loans, and work to help our most vulnerable community businesses to access resources offered through the Paycheck Protection Program.
Neighborhood Allies worked closely with both the businesses and First Commonwealth to ensure that applications were complete, accurate, and in the best position to be approved. Without our technical assistance providers’ dedication, timeliness, and non-stop hard work, these businesses may not have received a forgivable loan under the Paycheck Protection Program. Neighborhood Allies hosted a paycheck protection program webinar where over 150 participants attended, responded to 100 applicants, submitted 18 applications, and received approval by the Small Business Administration for 16 of those.