Summit Bank Donates $150,000 of PPP SBA Loan Income to Make Microloans to Underserved Members of the Oregon Community

EUGENE, Ore.--(BUSINESS WIRE)-- #community--Summit Bank (OTC Pink: SBKO), in conjunction with Community LendingWorks, is donating $150,000 of its CARES Act PPP SBA loan income to make microloans to underserved members of the community in all three of its markets including Eugene/Springfield, Central Oregon and the Portland Metropolitan area. Summit Bank is partnering with Community LendingWorks, a Community Development Financial Institutions Fund (CDFI) to create the microloan program, which launches today.