By Isabel Sami on April 18, 2021
Paycheck Protection Program loans and UniBank provided ‘lifeline’ for Central Mass. businesses
Kevin Holmes, CEO and founder of Advantage Trucking in Shrewsbury, said getting CARES Act Paycheck Protection Program loans for his business was a “lifeline” last summer.
During the pandemic, Holmes said he was able to get PPP loans for Advantage Truck Leasing, a branch of his company, through Whitinsville-based UniBank, which is now the largest bank headquartered in Central Massachusetts with 13 branches in the region. Holmes said the PPP loans, which are federal loans processed by banks, were an essential for his business and said UniBank’s guidance through the loan application process helped him get Advantage Trucking through the pandemic.
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