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Square Capital Distributed 76K PPP Loans Totaling $820M

PYMNTS

Square Capital LLC processed more than $820 million in Small Business Administration (SBA) Paycheck Protection Program (PPP) forgivable loans in six weeks, the firm reported. Last year, Square Capital did $2.3 Of that number, 60 percent of the borrowers had never before received a loan through Square Capital.

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Popular Celebrates 127 Years of Service to our Communities

PopularBank

A Message from Popular Bank Chief Operating Officer Manuel Chinea. When we first opened our doors, we did so with a great sense of purpose and a vision to make a difference within our communities. This year our small business clients faced and continue to navigate significant financial and operational disruption.

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Popular Bank’s Commitment to Our Customers and Communities

PopularBank

A Message from Chief Operating Officer Manuel Chinea. Dear Customers, Partners and Community Members, Thank you for being part of our Popular Bank family. In these uncertain times, we are all working together to navigate our new normal. We are well capitalized and institutionally sound.

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Popular Bank Issues Small Business Recovery Grants

PopularBank

Grant Program Provides Relief to Non-profit Organizations and Small Businesses in New York and New Jersey Significantly Impacted by COVID-19. We are proud to stand behind our customers and communities during this challenging time. Notably, the grants range in size between $2,000-$10,000 each. “We

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Popular Bank Named Among First Investors of NWK FAM Fund

PopularBank

The new investment vehicle aims to economically empower Black and Latinx business owners throughout the City of Newark. NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey. Backed by prominent Black and Latinx investors, NWK FAM Fund aims to raise $100 million total in investible capital.

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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million. Popular is committed to meeting the needs of our customers and communities, guided by our 127-year legacy.

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BauerFinancial Recognizes Popular Bank

PopularBank

“Receiving a superior rating by BauerFinancial is a testament to Popular Bank’s financial strength and commitment to our customers and the communities we serve. We greatly appreciate BauerFinancial’s five-star rating,” said Manuel Chinea, Chief Operating Officer, Popular Bank.