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Latest PPP round giving boost to area's small businesses

Nearly all employers are receiving full forgiveness on PPP.
12:00 am, Apr. 6, 2021
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Rights to this stock image purchased from iStock images by the Grand Forks Herald. Credit: golibtolibov
WORTHINGTON There’s still plenty of time to apply for the second round of the Paycheck Protection Program (PPP), and regional businesses are being encouraged to learn how the U.S. Small Business Administration-backed loans could benefit them.
FIrst State Bank Southwest President Mark Vis explained Monday that the program had been set to expire March 31, but has been extended to May 31. That change allows small business owners affected by the COVID-19 pandemic additional opportunities to apply for loans. ....

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Local bank, youths combine on holiday greetings

Residents at assisted living facilities each receive card, colored picture
8:15 am, Dec. 23, 2020
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Daycare children colored this picture for assisted living residents in Worthington. (Special to The Globe)
WORTHINGTON Residents of Worthington’s assisted living facilities got some special Christmas greetings this past week, thanks to a collaboration between a local bank and daycare providers.
Deliveries were made Friday afternoon to four Worthington locations, just a couple of weeks after an idea during a meeting at First State Bank Southwest sparked a full-fledged holiday effort.
“I asked our marketing committee, ‘What can we do in the community in this COVID time for somebody that needs it the most,” First State Bank Southwest CEO Greg Raymo explained Friday. “We thought, ‘What about seniors who have been unable to see their families for months?’” ....

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