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.
Paycheck Protection Program FAQs (updated 4.29.20)
First Community Bank of East Tennessee is approved to make these loans.
Click here to apply.
We ask for your patience as we work through this process, and we learn more about how we can assist our community.
Tennessee banks entered this pandemic from a position of strength, thanks to record capital and liquidity levels as well as prudent planning and risk management.
At FCB, we look forward to helping small businesses get back to work and seeing our economy resume its strength. For the most up-to-date information regarding this program, visit sba.gov/ppp.
FCB Loan Payment Accommodation Information
At First Community Bank of East Tennessee, we want you to know we are here to support you during these uncertain times. If you have a loan with us and need to discuss possible payment accommodations, please call 423-272-5800 or 423-392-5800 to speak with your loan officer today. Thank you for choosing First Community Bank. We appreciate your business.