It’s the holiday season for the bad guys too! But not the way you might think. During the holidays, fraudsters go into scam-overdrive mode. Black Friday and Cyber Monday are…
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Answers to some of your most asked questions about PPP forgiveness applications. When can I submit my forgiveness application? Now. If you have used all of your issued funds you…
Home. It is one of the nicest words there is. The physical ownership of a property that creates that feeling of home varies by individual. You may already own one,…
The phrase ‘unprecedented times’ seems to be the common lead-in to many changes occurring in our lives as we receive more uncertain news. For many of you, the low-rate environment…
6/4/2020 This week, Congress agreed to modify the Paycheck Protection Program after both the House and Senate passed the H.R. 7010 Paycheck Protection Program Flexibility Act. Here’s what that means...
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Big News came today. On the eve of the Safe Harbor deadline, a positive piece of clarity has emerged for our local business partners regarding the Paycheck Protection Program forgiveness...
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{RICHWOOD, OH} {MAY 11, 2020} – Richwood Bank has been awarded a Top Workplaces 2020 honor by Columbus CEO. The list is based solely on employee feedback gathered through a third-party…
Many of our business partners have reached out to the Richwood Bank team about the new FAQs released by the Treasury and SBA on loan forgiveness, specifically FAQ #31, which...
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At 10 am this morning, the Small Business Administration (SBA) closed the application portal for the Paycheck Protection Program (PPP). This was due to reaching the cap in approved national...
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Community business is a big deal. And you’re in the midst of a big deal right now. We are, too. As your local bank team, it’s up to us to…
