Gov. Josh Shapiro signed an executive order creating the Pennsylvania Office of Transformation and Opportunity and the Economic Development Strategy Group. 

Praise for the winners and optimistic glances to the future figured in the fallout from last week’s victories by Josh Shapiro in the Pennsylvania gubernatorial race and John Fetterman for a seat in the U.S. Senate. 

There’s still $147 billion available in the second round of the Paycheck Protection Program, according to a report by the Small Business Administration released on Saturday.

“Every job is life-sustaining for someone, and the PPP is saving the livelihoods of those in our community,” Orrstown Executive Vice President and Chief Retail Officer Luke Bernstein said in his remarks to the nation Tuesday.

The unprecedented volume of crisis loan applications is shifting lender-borrower relationships, as community banks establish lending relationships with small business owners who struggled to receive financial support at bigger banks.