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Paycheck Protection Program (PPP) Loan Q&A

Who can get a loan?Businesses, including self-employed and independent contractors, Nonprofits (501 C3), veterans’ organizations (501 C19) and tribal business concerns, with less than 500 employees. Where do I apply?Any federally insured depository (bank or credit...

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The Paycheck Protection Program

The Paycheck Protection Program, part of the new CARES stimulus package, is a federal loan program aimed at helping small businesses who have been severely impacted by Coronavirus. In addition to the Paycheck Protection Program loan, the U.S. Small Business...

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M&F Bancorp, Inc. Announces Cash Dividend

M&F Bancorp, Inc. Announces Cash Dividend DURHAM, N.C.-- M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced that its Board of Directors has declared a cash dividend on its common stock of $0.06 per share...

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