People’s Bank and Trust continue to be recognized for putting people first. It was recently recognized in two Small Business Administration statewide rankings. Small Business Administration ranked Peoples Bank and Trust 6th by number and 11th by volume of SBA PPP loans made by Illinois-based lenders with under $1 billion in assets. SBA also ranked the bank 4th by number and 2nd by volume of SBA 7a Guaranteed Loans closed during its fiscal year ending in May of this year.
People’s Bank and Trust know that this past year has been difficult for many people and so they continue to put customers first as they have since they opened in 1954. President John Gardner says he takes pride in being ranked as one of the most active SBA lenders in Illinois but takes real satisfaction in smiles and Thank You’s from customers.
The SBA PPP Program began in 2020 and was created to provide economic security by giving financial assistance via payroll for businesses, self-employed workers, sole proprietors, and other entities.