As we prepare for the road ahead, we are excited to announce another new program to support Ohio’s small businesses and workforce. JobsOhio, Peoples Bank and First Federal/Home Savings Bank announced a partnership to support existing small business clients with maintaining operations and payroll during the COVID-19 pandemic. JobsOhio has committed up to $50 million to assist Peoples Bank and recently merged First Federal Bank and Home Savings Bank – with providing lending support to companies negatively affected by the coronavirus pandemic.
We also commend the work of Treasurer Sprague who is executing negotiated demand deposits with approved Ohio public depository institutions to expand balance sheet liquidity and make investments for the Ohio Treasury. The application form for a negotiated demand deposit can be downloaded at ohiotreasurer.gov/Financial_Institutions and submitted to firstname.lastname@example.org.
JobsOhio’s most recent Economic Impact Report, prepared by our research team, is available now at this page. You will also find up to date information for businesses and other stakeholders. Remember, we are in this together. #InThisTogetherOhio
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Thank you very much for your continued support – Ohio is moving forward!
President and CEO