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COVID-19 Resources



September 2, 2020

The Richland Area Chamber today announced the launch of the Richland County/Mansfield COVID-19 Small Business Emergency Relief Grant Fund, designed to assist small businesses. Eligibility requirements and exclusions can be found here. The application and full grant guidlines can be found on the Chamber's website, and here. This grant is being funded with dollars from the CARES Act. This is NOT a first-come, first-served grant. All eligible applications will be scored. However, in the event of a tie in scoring, an earlier application would get a slight edge. Call the Richland Area Chamber if you have additional questions.

September 1, 2020
Update: This grant application deadline has been extended to Sept. 25!

The City of Willard has created the Willard CARES Small Business Grant Program to provide financial assistance to small businesses that have sustained economic hardships as a result of the COVID-19 pandemic. Eligible entities can receive grants in the amount of $2,500, $5,000 or $10,000. For more information, including how to apply, Click Here.

August 13, 2020

The City of Ashland has created a COVID Relief Grant for City of Ashland businesses that have been impacted by the COVID-19 pandemic. This program is intended to assist local and small Ashland businesses with expenses directly resulting from business interruption or arising from the decrease in gross revenue in connection with the COVID-19 pandemic.

For more information or to request an application, interested businesses should contact Community Outreach Coordinator Amanda Patterson in the Mayor's Office at 206 Claremont Ave; 419-289-4181.

August 5, 2020

SBA issues loan-forgiveness FAQs

The Small Business Administration released frequently asked questions on Paycheck Protection loan forgiveness. The FAQs address loan-forgiveness applications, payroll and nonpayroll costs, owner-employee compensation, reductions in the forgiveness amount, and more, including new guidance on issues such as covered utility payments and eligible electricity supply charges.

July 7, 2020

The SBA and Treasury recently released information about individual Paycheck Protection Program Loans. The data released includes business names, addresses, lender names, and other information for loans of $150,000 and up, which accounts for nearly three-quarters of the dollar volume of PPP loans. For loans below $150,000, the agencies will not release business names but will report loan totals, aggregated by ZIP code, industry, business type, and various demographic categories.

The data release follows the extension of the PPP application deadline until Aug 8 shortly after the SBA stopped accepting PPP applications last week. The agency has roughly $130 billion in remaining PPP funds.

Make no mistake, Sutton Bank is not voluntarily releasing this loan information and is not calling for its publication. The decision to publish PPP borrower and loan information is a result of actions from Congress and the SBA and Treasury, which oversee and administer the PPP and are responsible for the program's implementation, terms and conditions.

We are proud to participate in the PPP and help customers navigate the challenging COVID-19 environment. Please contact us with any questions or if you need further assistance.


Tom Showman

June 16, 2020

The Richland Community Development Group (RCDG) recently announced the creation of the Small Business Loan Fund with roughly $194,000. This project was launched in partnership with three local lenders, including Sutton Bank, and is a loan program with collateral enhancement aimed at helping to support Richland County small businesses.

Many local small businesses in Richland County may need extra capital help them fully reopen after the pandemic caused large scale shutdowns, but often have no additional assets to use as collateral to obtain a loan. With this program, companies will apply to the bank for a loan, and these RCDG funds will be used as additional collateral for the bank to make the loan. RCDG will be able to allocate up to $10,000 of collateral per loan.

For more information about the RCDG Small Business Loan Fund, you can visit the Chamber's website at and click "Economic Development." Barrett Thomas, Economic Development Director can be reached at 419-522-3211 or by email at [email protected].

To begin your application process with Sutton Bank, or for more information, please contact Scott Them at 419-747-2007, or [email protected].


May 21, 2020

Sutton Bank recently communicated via email the details (and application) pertaining to PPP loan forgiveness to all it's PPP loan recipients. Please check your inbox, as this is important information. If you did not receive this email, please contact your lender, and they will send you the information and application. You can also find the information on our Resources tab: Money IQ Financial Literacy and Education Center: Money IQ For Business: PPP Loan Forgiveness Explained.

April 22, 2020
Ashland Community Non-Profit Relief Grants

In response to the COVID-19 pandemic, the Ashland County Community Foundation and the United Way are joining efforts to support nonprofit organizations that provide essential services to Ashland County residents. Whether an organization is expanding current services to meet new demand or facing unanticipated revenue disruption, ACCF and United Way hope to help alleviate financial burden during these unprecedented times. Emergnecy operational grant funding of up to $10,000 is available. Requests will be reviewed promptly, and grants will be awarded on a rolling basis. More details here.

April 14, 2020
BWC to provide $1.6 Billion dividend for Ohio employers

Last Friday, the BWC Board of Directors unanimously approved the $1.6 billion dollar employer rebate as recommended by Governor DeWine and BWC Administrator McCloud. At the Board meeting, the Administrator made clear it is the Bureau's goal to have all checks mailed to employers by the end of April.

Read the full update here.

Paycheck Protection Program

April 27, 2020 Important Update
The SBA will resume accepting Paycheck Protection Program applications from participating lenders on Monday, April 27 at 10:30 a. EDT.

April 16, 2020 Important Update
The SBA is currently unable to accept new applications for PPP as they've reached the $350 Billion cap. Banking trade groups and organizations are urging policymakers to immediately approve additional funds to ensure the program reaches as many small businesses and employees as possible. If/when additional funding is approved and becomes available, we will post it on this page, so please check back regularly. Contact your Sutton Bank Commercial Lender for other SBA lending options that may be available to you.

What is the Paycheck Protection Program? Forgiveable SBA loans for eligible small businesses to cover payroll costs and other operating expenses.

Small businesses with fewer than 500 employees are encouraged to quickly apply for the newly created Paycheck Protection Program, a loan that provides a direct incentive for small businesses that keep or quickly rehire employees, as well as for certain other expenses.

These loans provide up to 8 weeks of your payroll and benefit costs, plus an additional 25%. SBA will forgive the loan if all employees are retained on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.

At least 75% of the funds must be used for payroll. If you reduce the number of employees or have a reduction of more than 25% in wages paid to employees, the amount of loan forgiveness will be reduced. The loan forgivness cannot exceed the principal and any accrued interest.

Here's a quick look at some of the Small Business Administration program's most important features.

  • All small businesses with 500 or fewer employees are eligible--including nonprofits, self-employed individuals, sole proprietorships, and independent contractors.
  • Loans can be for up to 8 weeks of your average payroll and benefit costs from last year, plus and additional 25%. The amount is subject to a $10 million maximum and payroll costs will be capped at $100,000 annualized for each employee.
  • There is no collateral or personal guarantee required. No loan fees.
  • To apply for loan forgiveness, a borrower must send a request to its lender and provide the relevant documents to verify compliance of the conditions discussed above.
  • The loan will have an interest rate of 1.00%, a maturity of 2 years, and payments are deferred for six months, however interest will continue to accrue over this six-month period. If all requirements are met, the loan will qualify to be forgiven. Terms of the loans are the same for all applicants.
  • Our team will work to approve these loan applications as quickly as possible following SBA eligibility guidelines.

What if I need to rehire employees to qualify for the PPP loan?

You have until June 30, 2020 to restore your full-time employment and salary levels for any changes made between February 15, 2020 and April 26, 2020.

What about the other relief programs under the CARES Act?

Borrowers may apply for other SBA financial assistance, including Economic Injury Disaster Loans, provided there is no duplication in the use of funds. For example, if a borrower uses its PPP loan to pay the salary of certain employees in the 8-week period, it cannot use a different SBA loan to cover those same costs.

However, obtaining a loan under the PPP makes a business ineligible for certain other relief, such as the payroll tax relief that is otherwise available under the CARES Act.

What documents do I need for the loan?

A copy of the following documents, as applicable to your business:

  • PPP completed loan application
  • 2019 IRS Quarterly 940, 941, or 944 payroll tax reports
  • Payroll reports (listing by employee; exclude any personal identifying information such as SSN or ID information) for the 12 months of 2019 which will show the following information:
  • Gross wages for each employee, including officers, if paid W-2 wages
  • Paid time off for each employee
  • Vacation pay for each employee
  • Family medical leave pay for each employee
  • State and local taxes assessed on an employee's compensation
  • Documentation showing total of all health insurance premiums paid by the company owner(s) under a group health plan for 2019. Include all employees and the company owners
  • Document the sum of all retirement plan funding that was paid by the company owner(s) for 2019 (do not include funding that came from employees out of their paycheck deferrals).
  •    Include all employees and the company owners
  •    Include 401k plans, Simple IRA, SEP IRA's    

Questions? Click here for Paycheck Protection Program Borrower Information Sheet

Click here for the US Chamber of Commerce Small Business Guide and Checklist

As an SBA 7(a) lender, Sutton Bank has been assisting it's Small Business customers with the Paycheck Protection Program since its inception, and we're here to help you! Contact your local Commercial Lender or call us at 800-422-3641 to get the process started for your business.  

SBA Economic Injury Disaster Loans for Ohio Small Businesses

What is an EIDL?

  • The SBA EIDL program can provide low-interest loans of up to $2 Million to businesses and private non-profits.
  • EIDLs may be used to pay fixed debts, payroll, accounts payable and other bills.
  • The interest rate is 3.75% for small businesses without credit available elsewhere. The interest rate for non-profits is 2.75%.
  • EIDLs have long-term repayment options, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based on borrower's ability to repay.

How do I apply?

Click here for the US Chamber of Commerce Guide to SBA's Economic Injury Disaster Loans

For a quick "at a glance" resource for both the PPP and EIDL programs, click here.

In addition to traditional SBA funding programs, the CARES Act established several new temporary programs to address the COVID-19 outbreak. Click here for all of the Coronavirus relief options.

For resources related to COVID-19, please find a number of videos on our Money IQ Financial Literacy & Education Center page here.

U.S. Chamber Foundation--Save Small Business Fund-April 21, 2020--APPLICATIONS HAVE CLOSED due to overwhelming response

The US Chamber Foundation just announced the Save Small Business Fund, a grantmaking initiative funded by contributions from corporate and philanthropic partners. It will provide $5,000 in short-term relief to employers across the United States through one-time supplemental cash grants for businesses that have between 3-20 employees and operate in an economically vulnerable community. The grant application will go live on Monday, April 20 at 3:00 ET. To learn more about the Save Small Business Fund and to apply for a grant, visit On that website, you can enter your zip code to determine eligibility, and then enter your email address to get a reminder of when the grant opens.


For our credit card customers who are experiencing a financial hardship due to COVID-19, a skip-payment option may be available. Contact your Personal Banker at the office nearest you, or complete the Contact Us form to arrange for a banker to contact you to discuss. We're here to help!

For our mortgage customers who have been experiencing a financial hardship due to COVID-19, help may be available. Each situation is unique, so we want to understand yours. Please complete the Contact Us form to arrange for a banker to contact you to discuss, or call us at 800-422-3641. We're here to help you!

The CARES Act was signed into law on Friday, March 27. The legislation was created to provide relief for individuals and businesses negatively impacted by COVID-19. Here are a few things it provides for individuals:

Direct Payments--Americans who pay taxes will receive a one-time direct deposit of up to $1,200 and married couples will receive $2,400 plus an additional $500 per child. Individuals who make more than $75,000 or married couples who make more than $150,000 combined are not eligible. The payments will be direct-deposited to whatever financial institution you have set up to receive your tax refund from the IRS. These payments began hitting our depositors accounts on Wednesday, April 15. Checks will be mailed to those who didn't have this set up already.

July 22, 2020

On Wednesday, July 22, 2020 Governor Mike DeWine issued a statewide face mask mandate in the face of rising numbers of coronovirus cases. The order applies to anyone in a public place where social distancing isn't possible. That includes indoor spaces other than residences and outdoor spaces where a large number of people are congregated. People with medical conditions that preclude the use of a face mask are not required to wear one. Children under 10 years old are also not required to wear masks.

As a result of this statewide order, all Sutton Bank employees are required to wear face coverings. In addition, our teller windows have been equipped with sneeze guards, and social distancing will continue to be part of our everyday practices. Face coverings are now required for our customers. When entering our lobbies wearing face coverings, we reserve the right to request you remove it at our entrance door, within security camera and teller view in order to properly identify you. You can then place the face covering back on. If you are not comfortable with these practices, we ask that you please utilize our drive-up windows and alternate banking methods such as mobile, online, and ATMs. We thank our customers for their consideration in advance. Again, together we can get through this if we all do our part.

Tony Gorrell, CEO

April 20, 2020
Treasury: Stimulus checks in the mail
The Treasury Department said it began mailing Economic Impact Payment checks on Saturday, April 18, with twice-daily mail pick-ups starting today, April 20. These checks are being mailed first to the lowest-income individuals and households.

If you received payment either by direct deposit or by check for a deceased spouse or other family member, the Payment should be returned to the IRS by following the instructions in the Q & A about repayments. Return the entire payment unless the payment was made to joint filers and one spouse had not died before receipt of the payment, in which case, you only need return the portion of the payment made on account of the decedent. This amount will be $1,200 unless adjusted gross income exceeded $150,000.

If you are a filer and want to provide the IRS your direct deposit information or check your payment status, you will be able to do so here, the just-released portal set up for this purpose. With direct deposit information, you will receive your deposit "immediately" instead of through the mail.

The IRS has released the portal for non-filers to enter their payment information. Please visit the IRS Economic Impact Payments page.

If you don't file taxes, use the application for Non-Filers. You should use this application if:

  • You did not file a 2018 or 2019 federal income tax return because your gross income was under $12,200 ($24,400 for married couples). This includes people who had no income. Or
  • You weren't required to file a 2018 or 2019 federal income tax return for other reasons

If you receive these benefits, we already have your information and you will receive $1,200. Do not use this application if your receive:

  • Social Security retirement, disability (SSDI), or survivor benefits
  • Railroad Retirement and Survivor Benefits

Unsure if you are eligible for an Economic Impact Payment? Click here to access the IRS's Economic Impact Payment Information Center

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Beware of scams: some things to know! As we get closer to the federal government payments, it is important to know that the government WILL NOT:

  • Ask you to pay any fees to get the money
  • Call you to get your Social Security, bank account or credit card number, or your PayPal information in order to issue your check or directly deposit your money
  • Direct how you use the money

In most cases, the assistance will be sent directly to you if you qualify, based on the income you already reported to the federal government on this year's or last year's tax returns. Anyone who tells you they can get you your money faster is a scammer.

If you receive a stimulus check and it's for an odd amount of money (for example $1,499.50) or if it states you need to verify the check online or over the phone, it's a scam.

You should get a paper notice in the mail a couple weeks after your payment is sent, letting you know where it was sent and when. If you can't locate the payment at that point, call the IRS at a legitimate phone number.

As a reminder, Sutton Bank will never contact you and ask for your full Social Security Number, account or card numbers, one-time passwords, PIN numbers, user names or passwords.

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Other provision of the CARES Act

Unemployment--It provides for extended unemployment insurance and expands eligibility, offering an additional $600 per week for four months, on top of what state programs pay.

Coronavirus testing--All testing and potential vaccines for COVID-19 will be covered at no cost to the patients.

For more helpful videos related to COVID-19, you can access them from our Money IQ Financial Literacy & Education Center page, or click here.

Old-fashioned Innovation

Give Us A Call: 800-422-3641