Coronavirus Resources from Mars Bank
Mars Bank Response to the COVID-19 Impact
As a community bank, Mars Bank is always focused on our neighbors – our customers and all those who call our communities home. We are all feeling the impact of the COVID-19 pandemic. Mars Bank remains open and is balancing the health and wellbeing of our customers and staff while maintaining our customers’ ability to conduct banking tasks. Click the boxes for links to bank resources:
We appreciate the cooperation of our customers and the dedication of our staff during this difficult time. If you have questions regarding the bank’s response to the pandemic, call our customer service helpline at 724-625-1555 ext. 287 between 8:00am – 5:00pm Monday – Friday. After business hours email us.
Bank Updates in Response to Pandemic Impact
August 4, 2021
Update: PPP Loan Forgiveness – SBA Website Portal Open
The U.S. Small Business Administration (SBA) launched a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans of $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.
Mars Bank registered with the Small Business Administration (SBA) to permit the use of the SBA PPP Loan Forgiveness website for Mars Bank PPP customers. This means you can easily access and submit your PPP loan forgiveness application online.
Read the full information by clicking here.
May 25, 2021
Update: PPP Loan Forgiveness
Updated information about Paycheck Protection Program (PPP) loan forgiveness is available on our Business Assistance webpage regarding both first and second-draw loan forgiveness. Visit the business assistance page here.
Please contact your relationship manager with any questions or call 724-625-1555×250.
May 19, 2021
Update Regarding Mask and Distancing in Mars Bank Locations
Following CDC and state guidelines, customers that are fully vaccinated do not need to wear a mask when visiting a Mars Bank location. We will not require proof of vaccination. We do ask that customers not fully vaccinated continue to wear masks to help protect other customers and bank staff.
We will also maintain the six feet distancing, plexiglass, and flow patterns in retail locations.
It will be great to fully see you! Check back regularly for updates as the guidance changes.
May 5, 2021
Update: Paycheck Protection Program (PPP) Funds Exhausted
The Small Business Administration announced that Paycheck Protection Program (PPP) funding has been exhausted and that the PPP application portal stopped accepting applications for loans from most lenders on May 4, 2021. Mars Bank will no longer accept PPP applications.
The SBA said that it reserved approximately $6 billion in funding for previously submitted loan applications subject to hold codes that have yet to be resolved. There is also approximately $8 billion remaining in congressionally mandated funding for PPP loans made by designated “community financial institutions,” defined as minority depository institutions and community development financial institutions.
If you have a PPP loan application in process with Mars Bank, please contact your commercial relationship manager or call 724-625-1555 x250 for more information about your loan.