Category: News



Updated PPP Loan Forgiveness Applications

The SBA has revised the the available Forgiveness Applications: the 3508S, 3508EZ, 3508 Standard forms. Each form and instructions are available for download below.  PPP Loan Forgiveness Applications and Instructions Specific to the 3508S, this is a document that has been revised and is specific for loans <$150,000. We are encouraging our borrowers whom fall… Read more »



Business Online Banking is Getting a New Look!

Business Online Banking is getting an upgrade! Starting February 22, 2021, Powell Valley National Bank’s Business Online Banking platform will look a little bit different. Current Business Online Banking users will enjoy the same products and tools as before but with enhanced features including: New responsive design to ensure all data is clearly displayed on… Read more »



Letters From Leton: Back to the Future

In the Back to the Future series, a common theme was underdogs overcoming their weakness (shyness, quickness to anger) to do something that caused them to step past their fears to achieve what led to a better future for the character and their family. If you have seen the movie, you will recall the scene… Read more »



App for 2nd-Time PPP Borrowers

Application for Second-Time PPP Borrowers

The PPP Borrower Application Form below will need to be completed for all second-time borrowers. This new application was released January 8th.  All applicants should begin compiling the required information for submission. We are awaiting a “go-live” date for when our institution will have access to begin submitting applications to the SBA. Please monitor our… Read more »



App for 1st-Time PPP Borrowers

Application for First-Time PPP Borrowers

The PPP Borrower Application Form below will need to be completed for all new first-time borrowers. All applicants should begin compiling the required information for submission. We are awaiting a “go-live” date for when our institution will have access to begin submitting applications to the SBA. Please monitor our website for further developments.  Once we have… Read more »



Preparation for PPP Round 2.0

The Treasury and U.S. Small Business Administration are currently working to solidify guidance specific to the next round of funding.  Paycheck Protection Program Round 2 As we begin to prepare for PPP Round 2.0, we wish to provide you with an overview of the program highlights and criteria for what to expect. Rest assured in… Read more »



Letters From Leton: Lessons In Longevity

After a year like this, it is good to step back for a few minutes and realize that the tellers, loan officers, bookkeepers and others who have worked at our Bank over the past 132 years also faced trials and troubles. Their hard work and staying the course kept the bank independent. During our Board meeting… Read more »