Lancaster County’s Bank of Bird-in-Hand completed the offering of approximately $20 million of its common stock on Monday, one month after commencing on Sept. 14.

Borrowers who received loans of $50,000 or less from the Paycheck Protection Program will now be forgiven for the full loan amount regardless of any decreases to their full-time employee count or wages.

Officials say more than $2.5 million are available in Lebanon County’s second phase of CARES Act grants to support local businesses, tourism organizations nonprofits. The second round begins Oct. 15 and goes until 4 p.m. on Oct. 30.

“In an era when digital banking continues to expand, we look forward to building our business over the coming years and taking advantage of all strategic opportunities,” Jay Sidhu, CEO of Customers Bank said.

The Pennsylvania Industrial Development Authority said it is providing a more than $1.2 million low-interest loan to a Lebanon County company to help it expand.

The process used by the Wolf administration to exempt some businesses from the March 19 pandemic closure mandates was “inconsistent” and “subjective,” according to state Auditor General Eugene DePasquale.

The Board of Directors of Fulton Bank approved plans to consolidate 21 financial centers, four of which are located in central Pennsylvania, into nearby locations by Jan. 8.

Bank of Bird-in-Hand has accepted subscriptions for 789,473 shares of common stock making for total proceeds of $15 million almost three weeks after commencing its common stock offering.

Gov. Wolf said Monday 5,373 additional small businesses are set to receive $96 million in state grants to weather the economic conditions of the COVID-19 pandemic through the second round of the commonwealth’s statewide COVID-19 grant program, announced in July.

Mechanicsburg managed IT and cybersecurity provider Appalachia Technologies has acquired Stronghold Cyber Security, a Gettysburg-based company specializing in compliance consulting services for defense contractors.

Lancaster-based financial services company Fulton Financial Services has agreed to pay a $1.5 million penalty to the Securities and Exchange Commission after regulators alleged it inaccurately reported financial performance from late 2016 through mid-2017.

Lancaster-based supportive housing developer HDC MidAtlantic has secured the first sale for its homeownership program, which provides resources to residents of modest incomes to purchase Larkspur Crossing residences at a price significantly below market value.

Mid Penn Bancorp, the parent company of Mid Penn Bank, announced it will close three branches in the bank’s retail network by the end of the year as part of a consolidation strategy.

Community bank F&M Trust announced Thursday it will open a regional headquarters location in Harrisburg at 4050 Crums Mill Road in Lower Paxton Township.

State Auditor General Eugene DePasquale said his department’s report on the state’s controversial waiver process that allowed certain businesses to operate amid the pandemic will be released to the public during the first week of October, with a target release date of Oct. 6.