Lewis County Herald - Serving Hohenwald, Lewis County Tennessee Since 1898

Paycheck protection borrowers are forgiven

 

Clint Confehr

Robby Moore, right, president of the Bank of Lewis County, stands with U.S. Rep. Mark Green, center, and Jim Mangubat, left.

Bankers who wrote paycheck protection loans are helping businesses get forgiveness, and while economic hardship from the coronavirus quarantine prompted that government assistance, the pandemic accelerated a rural renaissance.

Those insights come from a couple of Hohenwald bankers who have different approaches to the Small Business Administration and the Coronavirus Aid Relief and Economic Security Act of Congress. CARES was enacted to ward off financial collapse during an on-going health crisis in America.

Offering a regional view is Robby J. Moore, president of the Bank of Lewis County, w...



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