News & Information
National Bank of Middlebury Proudly Supports Local Businesses & Nonprofits with Grants totaling $100,000
November 9, 2020
National Bank of Middlebury has awarded $100,000 in twenty $5,000 grants to small business and nonprofit organizations. These grants, made under the Federal Home Loan Bank of Boston Jobs for New England Recovery Grant Program, were designed to help businesses that were adversely affected by COVID-19. Small businesses and nonprofits that faced a 25% or greater decrease in revenue and were current customers of National Bank of Middlebury were eligible to apply.
Winners were chosen by lottery from a total of over 50 applicants. Recipients are representative of the Bank’s broad base of business and nonprofit customers including, among others, restaurants, lodging facilities, personal care businesses, theaters and summer camps. Upon notifying one of our award recipients, Town Hall Theater, Executive Director Lisa Mitchell said, “Town Hall Theater is grateful to our incredible community bank, National Bank of Middlebury, which has done so much to support small businesses during this challenging time. The Jobs for New England Grant funding will help our closed regional theater stay operational, while planning for a strong and vibrant future when we can safely re-open.”