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WSFS Bank Donates $200,000 to Local Organizations to Accelerate Small Business Recovery Efforts

June 25, 2020 / Rebecca Acevedo

Today, WSFS Bank announced a $200,000 donation to four organizations, providing relief grants to help local small businesses within the Bank’s footprint impacted by the pandemic. In addition, WSFS dedicated more than 200 Associates to work on Paycheck Protection Program applications and received approvals for more than 5,000 loans worth nearly $1 billion. These businesses employ about 100,000 people in the region. As the pandemic continues to take an unprecedented toll on businesses in the region, many small businesses are struggling to maintain the funding needed to stay in operation.