Ponce Financial Group Secures $50,000 Grant to Aid 12 Local Small Businesses

Reuters

Nov 18, 2025

Ponce Financial Group Secures $50,000 Grant to Aid 12 Local Small Businesses

Ponce Financial Group Inc. announced that Ponce Bank has been awarded a $50,000 grant through the Federal Home Loan Bank of New York (FHLBNY) Small Business Recovery Grant Program. The funds have been distributed to 12 small businesses and nonprofits across the communities Ponce Bank serves, rather than being retained solely by Ponce Financial Group Inc. The recipients include organizations such as RID Trucking LLC, JC Trucking LLC, Diaz Security Services LLC, JAS Grocery, Atlantic Bagels Foods, LLC, Churches United For Fair Housing, Inc., and others. The grant aims to provide critical support for local entrepreneurs, helping them manage expenses and sustain operations during ongoing economic challenges.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ponce Financial Group Inc. published the original content used to generate this news brief on November 17, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Ponce Financial Group Inc. published the original content used to generate this news brief on November 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4195","symbol_name":"互助储蓄与抵押信贷金融服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251117:nNDLbfMm4C:1","article_id":"2584676346","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584676346","pubTimestamp":1763406455,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Ponce Financial Group Inc. announced that Ponce Bank has been awarded a $50,000 grant through the Federal Home Loan Bank of New York  Small Business Recovery Grant Program. 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