COMMUNITY BANK
PPP Lender · 10,437 loans · $998.2M total · 43 states served
COMMUNITY BANK was one of the thousands of SBA-approved lenders that participated in the Paycheck Protection Program. During the program period (April 2020 – May 2021), the lender originated 10,437 PPP loans totaling $998.2M, representing approximately 0.09% of all loans nationwide.
COMMUNITY BANK served borrowers across 43 states. The largest concentration of activity was in New York, where the lender originated 4,582 loans totaling $505.3M. Other states with significant activity included Pennsylvania, Tennessee, Vermont.
The average loan size for this lender was $95,636. This figure reflects the mix of borrower types — large companies, small businesses, sole proprietors, and non-profits — that applied through this institution. Lenders were responsible for collecting and verifying borrower certifications and submitting loan applications to the SBA's E-Tran system.
Among the largest named borrowers that received loans through COMMUNITY BANK were: HEARTH MANAGEMENT, LLC (NY) — $7,775,717; BOND, SCHOENECK, KING, PLLC (NY) — $5,931,380; K INVESTMENTS LIMITED (PA) — $4,623,861; and MEMORIAL HOSPITAL OF WILLIAM F AND GERTRUD F JONES (NY) — $4,541,220.
PPP lenders were compensated through processing fees paid by the SBA rather than by borrowers. Fees ranged from 1% to 5% of the loan amount depending on loan size. Lenders were not required to take credit risk — the SBA provided a 100% guaranty on each loan. This structure incentivized broad participation but also contributed to documented cases of lender fraud and over-processing of applications.
Borrower names for loans under $150,000 are withheld under FOIA Exemption 6. As a result, the named recipients shown below represent only a fraction of this lender's total portfolio. The full loan count and amount figures include all loans in the SBA's data regardless of disclosure status.
Activity by State
| State | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| New York | 4,582 | $505.3M | 99.5% |
| Pennsylvania | 1,465 | $203.2M | 99.1% |
| Tennessee | 1,110 | $32.8M | 99.7% |
| Vermont | 799 | $108.2M | 99.5% |
| Oregon | 486 | $28.1M | 100.0% |
| Iowa | 379 | $5.1M | 100.0% |
| Kansas | 313 | $25.1M | 100.0% |
| Oklahoma | 283 | $9.3M | 99.3% |
| Illinois | 187 | $5.7M | 100.0% |
| South Dakota | 175 | $2.5M | 100.0% |
| Texas | 155 | $11.0M | 100.0% |
| West Virginia | 129 | $17.9M | 100.0% |
| Washington | 90 | $7.3M | 100.0% |
| Massachusetts | 75 | $17.5M | 97.3% |
| Ohio | 32 | $5.5M | 100.0% |
| Wisconsin | 29 | $432,239 | 100.0% |
| Mississippi | 20 | $593,193 | 100.0% |
| Florida | 17 | $1.4M | 100.0% |
| Virginia | 14 | $180,831 | 100.0% |
| Connecticut | 13 | $4.4M | 100.0% |
| Idaho | 12 | $598,800 | 100.0% |
| New Hampshire | 9 | $3.5M | 100.0% |
| Alabama | 8 | $183,702 | 100.0% |
| California | 5 | $261,259 | 100.0% |
| Arkansas | 5 | $35,791 | 100.0% |
| Nebraska | 4 | $42,732 | 100.0% |
| Missouri | 4 | $71,139 | 100.0% |
| Michigan | 4 | $269,414 | 100.0% |
| Louisiana | 4 | $100,198 | 100.0% |
| South Carolina | 3 | $17,024 | 100.0% |
| Nevada | 3 | $43,820 | 100.0% |
| Maine | 3 | $129,863 | 100.0% |
| Kentucky | 3 | $39,457 | 100.0% |
| Georgia | 3 | $46,159 | 100.0% |
| Colorado | 3 | $348,057 | 100.0% |
| North Carolina | 2 | $197,572 | 100.0% |
| Indiana | 2 | $8,950 | 100.0% |
| District of Columbia | 2 | $25,496 | 100.0% |
| Wyoming | 1 | $31,686 | 100.0% |
| New Mexico | 1 | $172,535 | 100.0% |
| New Jersey | 1 | $250,102 | 100.0% |
| Minnesota | 1 | $745 | 100.0% |
| Arizona | 1 | $22,067 | 100.0% |