Legacy Bank of Florida powered by Newtek Business Services Corp.
As new legislative developments become available for PPP, we want to ensure we keep you informed with the most current information.

We anticipate the creation of a new PPP allowing borrowers to apply for second loan.  This program still needs to be passed through the House, Congress and signed by the President.
  • It is expected that if a borrower had a drop in revenue, they may be eligible for a new loan
  • The headcount limitation may also be reduced to 300 from 500 employees
  • The new loan program also anticipates forgiveness as we continue to wait for complete directions from the SBA
We’ve partnered with Newtek on this venture, so as more specifics become available, we will make sure to share them with you. In the meantime, if you have any questions, please do not hesitate to reach out to Newtek at hello@newtekone.com.

Legacy Bank of Florida & Newtek are committed to serving your financing needs with this important program.


Legacy Bank of Florida