About the South Shore Bank Community Fund
Earlier this year, South Shore Bank successfully helped more than 1,000 businesses save more than 13,000 local jobs through the Small Business Administration’s Paycheck Protection Program (PPP) as the bank staff worked tirelessly to ensure its clients and communities secured essential PPP funding.
While the bank is grateful for its role in the PPP, it does not feel right profiting on this program at a time when so many are facing hardships. For this reason, South Shore Bank is taking the PPP net proceeds and creating the South Shore Bank Community Fund with $500,000 to assist its clients who have been negatively impacted by COVID-19 with making monthly rent or mortgage payments.
The fund is modeled after the successful Quincy Hospitality Support Fund created by Quincy Mayor Tom Koch, the City of Quincy’s Affordable Housing Trust Fund, and the Quincy Chamber of Commerce that helped workers in the restaurant, hospitality, and food & beverage industries who had been impacted by the almost complete economic shutdown caused by COVID-19.
The Quincy Chamber of Commerce is the administrator for the South Shore Bank Community Fund.
Welcome to the bank where success is shared.
To qualify for assistance, you must meet the following requirements:
If you have any questions, email Melissa Burke at firstname.lastname@example.org or call the Quincy Chamber of Commerce at 617-471-1700.