Bank of Luxemburg Aids in Keeping Workforce Employed

Bank of Luxemburg has processed more than 400 Paycheck Protection Program (PPP) loans to support local businesses and nonprofits, including 25 churches. The government-issued program provides Small Business Association loans to help businesses keep their workforce employed during the COVID-19 crisis.  

The PPP loans have totaled nearly $30 million and supported more than 5,500 jobs in the Luxemburg, Casco, Dyckesville, Algoma, Kewaunee, Green Bay and Sturgeon Bay communities.Although there have been reports of many other banks no longer accepting applications, Bank of Luxemburg still has money to lend. Businesses interested in learning more may speak to a Bank of Luxemburg commercial lender by calling 920.845.2345.