Go to bankofamerica.com/community to learn more about
the work we are doing with our incredible partners.
*PPP data as of 04/04/2021
BankofAmerica, N.A. Member FDIC. Equal Credit Opportunity Lender. © 2021 BankofAmerica Corporation. All rights reserved.
Moving forward together
in Hartford
Over the past year, we've all been challenged in one way or another
by this health crisis — physically, emotionally, financially. And while
questions remain about what lies ahead, we know one thing for certain:
The only way to move forward is together. To that end, Bank•of•America
remains fully committed to supporting the health and economic
recovery of our clients, communities and teammates.
We know that small businesses, so critical to our local economy,
have been greatly impacted. Through the Paycheck Protection
Program (PPP), to date we've delivered 478,731*PPP loans —
totaling nearly $34.5billion* in funding — to help our clients continue
to operate and pay their employees. Importantly, more than 99% of
those loans went to companies with fewer than 100 employees.
Partnering with local nonprofits, we've distributed more than
27millionmasks for vulnerable populations as part of our
ongoing efforts to address health-related disparities accelerated
by the coronavirus.
We've offered new and expanded benefits to help our employees
balance family and work, including over 3.7million days of back-up
child and adult care. That's an investment of more than $370 million
in child and adult care reimbursement.
I'm so proud of the way our community has come together to help those
who need it most. And I'm certain that Hartford has the power to be
stronger than ever as a result.
Joe Gianni
President, Bank of America Hartford
Helping Hartford move forward:
• Delivered PPP funding to over 9,146 of
our small business clients in Connecticut
for more than $822 million in relief
• Distributed 230,000 masks through our
local partners including:
– United Way
– Oak Hill
• Expanded benefits for our employees to
include additional child and adult care
services plus virtual medical and behavioral
health consultations at no cost
