COVID-19 Resources for Businesses and Families

At Standard Bank, we’ve weathered numerous financial and economic environments since 1913, and we are committed to making proactive, customer-oriented decisions during this difficult time as well. 

Our communities and customers have loyally supported us for 107 years, and we are here to support your needs during this extremely difficult time. We deeply understand the challenges our local families, businesses, and non-profits are facing right now. One of the benefits of banking with a community bank, like Standard Bank, is our ability to listen and understand your unique circumstances.

We’ve listened to your stories—your struggles—and designed special programs that we believe will provide some real relief from the challenges you are facing. Below we have outlined Standard Bank programs as well as national and state programs. We will continue to stand with you and support you through the trials, tribulations, and financial impacts of the day.  We are passionate about helping our customers and communities  and, together, we will get through these difficult times and be able to enjoy better times ahead.



(Updated 3/01/2021)











Standard Bank customers who are facing financial uncertainty or hardships, related to the coronavirus (COVID-19), that may prevent you from making your next loan payment should call (412) 632-1323 or fill out the Loan Deferral Request Form. We are here to support individuals and families that may be struggling and also want to support those unable to work or who are called upon to care for family members. Standard Bank will NOT be foreclosing on any homes during this especially challenging time.

|  Pennsylvania, Maryland, and West Virginia Customers Only  | 




We know that our business customers are the pillars of our communities, and as such, we strongly support you in good times and bad. That is why we are offering Standard Bank business loan customers who have been directly impacted by the coronavirus (COVID-19) several loan relief options including the potential for up to a 90-day payment deferment

Our staff stands ready to provide assistance and walk you through your options. We have developed a seamless process to address your needs and anticipate a quick turnaround so that you don’t have to worry about your loan payment and concentrate on running your business.  

Apply by contacting your Commercial Relationship Manager or our Customer Care Center at 1-866-856-2265.





Paycheck Protection Program

Help keep your employees on payroll with a PPP Loan
The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. Applications for the first Paycheck Protection Program ended on June 30, 2020. In December 2020, the government released a second round (PPP 2.0) for small businesses as outlined below.

When available, existing customers may apply with Standard Bank by contacting your local office or a Commercial Relationship Manager


PPP 2.0 (Second Round) Update (03/01/2021)

The second round PPP loan program was signed into law with the year-end stimulus package designed to provide economic relief for communities, small businesses, families, and individuals affected by the COVID-19 pandemic.  Standard Bank is currently  accepting applications. Please contact your Relationship Manager to begin.

Some of the highlights of the program are as follows:

  • Eligible Borrowers
    • Fewer than 300 employees
    • Must have a reduction in 2020 quarterly revenues of at least 25% compared to the same quarter in 2019
    • Stock not traded on a national exchange
    • 501(c)(6) entities are eligible (excludes any entity for which lobbying compromises more than 15% of receipts or activities is not eligible
  • Maximum Loans
    • $2,000,000 or 2.5 times the average monthly payroll (whichever is less)
    • Businesses in the restaurant and hospitality industries are eligible for loans 3.5 times the average monthly payroll
  • Interest rate and term
    • 1% and 5 years
  • Eligible Expenses
    • The bill allows for the loan proceeds to be used for all the same eligible expenses used from the first round, plus expands to include: PPP expense, costs associated with outdoor dining, and supplier costs but payroll must still comprise no less than 60% of eligible expenses.
  • Forgiveness
    • Basically, the same guidelines apply for forgiveness; however, the new bill (to be established by the SBA within 24 days of the enactment of the bill) allows for a one-page forgiveness application for loans $150,000 or less for those qualifying, which is retroactive for all PPP loans.

Please reference the full document on the SBA website:
(If having difficulty opening with Internet Explorer, please consider pasting into Chrome or Edge.)

PPP Forgiveness Update (12/19/2020) and Forgiveness Process

Please understand that the Paycheck Protection Program (PPP) continues to change and additional guidance continues to be released to clarify issues regarding loan forgiveness.  We are immersed in the forgiveness process. As we are working through the loans, PPP customers will receive an e-mail with a link to a portal where you will be prompted to fill out the application/calculation; and this is where you will upload all supporting documentation. This portal will be very user-friendly and will walk you through the process. Based on this, there is no need for you to print and manually fill out the recently released forgiveness application(s) as you will be requested to fill out the application in the portal when available. Recently, a simplified forgiveness process has been approved for loans of $150,000 or less. This process consists of a one page form for those entities that qualify.  We will implement this new process as soon as it is available through our portal.

You can also refer to the resources on this link as it contains the most recent SBA materials.

PPP Update (10/23/2020) and Program Changes

Standard Bank Program Update Letter to Customers
U.S. Department of Treasury Cares Act  and PPP Loan Update



Economic Injury Disaster Loan Program
Smaller amounts of working capital loans
In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid. The Economic Injury Disaster Loan Program is offered directly through the SBA.


SBA Express Bridge Loans
Add up to $25,000 to your current SBA loan
Express Bridge Loan Pilot Program allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 with less paperwork. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loan or used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan. If a small business has an urgent need for cash while waiting for decision and disbursement on Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan. 

Apply with Standard Bank by contacting your local office or a Commercial Relationship Manager





Maryland COVID-19 Resources
Maryland has several state and local funding opportunities for small businesses. Please check this page to see what may be available to your specific business in your specific location.




Pennsylvania Industrial Development Authority (PIDA)
Low-interest working capital loans for development
The PIDA provides low-interest loans and lines of credit for eligible businesses that commit to creating and retaining full-time jobs and for the development of industrial parks and multi-tenant facilities. Loan applications are packaged and underwritten by a network of certified economic development organizations (CEDOs) that partner with PIDA to administer the program.


Employer UC & COVID-19 FAQs
Pennsylvania employers can visit this site to answer common questions regarding your employees and unemployment, benefits, and resources.


PA Small Business Development Centers
Connect with your nearest loan small business development center. They are helping businesses with loan applications and questions. All local businesses are welcome to call for help.





CDC Interim Guidance for Businesses and Employers
This CDC produced interim guidance may help prevent workplace exposures to COVID-19, in non-healthcare settings. This guidance also provides planning considerations for community spread of COVID-19.

CDC | About Coronavirus Disease (COVID-19)
This page is updated as new information becomes available. The page provides information about the virus itself, printables, and FAQ.