Customer Service: 610-882-8800
Routing Number: 031318716
March 17, 2021
Currently, The Small Business Administration (SBA) has a March 31, 2021 deadline for Paycheck Protection Program (PPP) loan authorizations. Embassy Bank will stop taking PPP loan applications from current business banking customers on Wednesday, March 24, 2021 at 5 p.m. This deadline is to ensure that we have enough time to review and process requests. Applications must be completed correctly, signed and accepted by Embassy Bank by this time and date.
Please note that we cannot guarantee that submission by this date will receive an approval by the stated SBA deadline of March 31, 2021.
We are aware that the House has passed legislation (H.R. 1799) to extend the date that PPP applications may be submitted to the SBA. We do anticipate that the program could be reopened if this legislation receives final approval from the Senate and President.
Stay healthy,
David M. Lobach, Jr.
Chairman, President and CEO
Embassy Bank for the Lehigh Valley
A message from the PA Department of Banking and Securities for ways to be safe from opportunists who will try and take advantage of them during major events such as the current COVID-19 situation:
"Consumers should be on alert for increased fraud during major events such as the outbreak of COVID-19," said Acting Secretary Richard Vague. "Scams are becoming increasingly more sophisticated and scam artists are taking advantage of people, making every attempt to separate you from your hard-earned money."
Cybercriminals like to take advantage of incidents such as the coronavirus threat to entice people to click on phishing emails and conduct social engineering attacks. Cybercriminals may send malware‐laced emails with attachments and links to websites that can harvest your private information and passwords to exploit your personal and corporate accounts. It is important to remain diligent in reviewing emails to ensure they are safe.