NORWICH – Since the SBA’s Paycheck Protection Program (PPP) opened in 2020, NBT Bank has funded over 6,000 loans exceeding $830 million in relief. These funds support small businesses and not-for-profit organizations in the communities NBT serves.

"With more than $285 million secured through 3,000 loans in 2021, the average size PPP loan at NBT for this most recent round of funding was $94,000,” said NBT Bank President and CEO John H. Watt, Jr. “In total, we provided support to organizations that employ 96,000 workers.”