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1

50 W. Lancaster Ave., Ardmore, PA 19003 610-896-6435

ATM Safety Deposit Boxes Coin Machine  Bank Branch

2

5000 Pennell Road, Aston, PA 19014 610-364-7800

ATM Safety Deposit Boxes  Bank Branch

3

135 East City Ave., Bala Cynwyd, PA 19004 610-664-6293

ATM Safety Deposit Boxes  Bank Branch

4

1436 Lancaster Avenue, Berwyn, PA 19312 610-527-1881

Insurance Office

5

1436 Lancaster Avenue, Berwyn, PA 19312 610-581-4774

Wealth Office

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Find Locations 610-525-1700
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Small Business Administration (SBA) Disaster Loan Assistance Program

Businesses located in the states of Pennsylvania, New Jersey and Delaware (more states eligible*) experiencing an economic hardship caused by the COVID-19 pandemic are now eligible to apply for an SBA Disaster Assistance Loan. Business owners in eligible states may now apply for an economic injury disaster loan directly through the Small Business Administration. Visit BMT’s summary page or  by visiting the website https://disasterloan.sba.gov.

Key highlights of the SBA Disaster Loan Assistance Program:

  • Most small businesses are eligible including real estate investors.
  • SBA Disaster loans up to $2 million are now available.
  • Loans may be used to pay fixed debts, payroll, accounts payable and other bills that cannot be paid due to the COVID-19 impact.
  • Economic injury disaster loans granted under the COVID-19 disaster declaration will have:
    • A 30-year term
    • An automatic 12-month deferral period
    • An interest rate of 3.75% as disclosed by SBA
    • No prepayment penalty

Businesses that have experienced an economic hardship caused by the COVID-19 may want to take advantage of the SBA Disaster Loan Assistance Program. Interested business owners can visit https://disasterloan.sba.gov for further information or to apply.

Bryn Mawr Trust Disclaimer

You are leaving Bryn Mawr Trust website and being redirected to the Small Business Administration Disaster Loan Assistance webpage.

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*As of 3/20/20, other eligible states include Maryland, District of Columbia, Ohio, New York, Virginia, West Virginia, Maine, Connecticut, Rhode Island, Massachusetts, New Hampshire, Maine, Indiana, Illinois, Michigan, South Carolina, Louisiana, Georgia, Florida, Nevada, Utah, Montana, Arizona, Colorado, New Mexico, California and Washington. It is anticipated that the SBA will extend this program to all states in the near future.

This in not a Bryn Mawr Trust loan program.

© 2020 Bryn Mawr Bank Corporation

Bryn Mawr Trust (BMT) Member FDIC