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TACOMA, Wash., May 21, 2020 /PRNewswire/ -- Columbia Bank, the wholly owned subsidiary of Columbia Banking System, Inc. (NASDAQ: COLB) ("Columbia"), today announced that it has funded nearly $1 billion in loans to more than 4,400 small businesses through the Small Business Administration's Paycheck Protection Program (PPP). The loans will provide relief for more than 70,000 workers throughout the Northwest that have been affected by the economic fallout from COVID-19. Columbia plans to allocate $1 million to fund two new community support initiatives - Pass it On Project for Small Business Recovery and COVID-19 Community Relief Campaign - to support small business and community recovery efforts in Washington, Oregon and Idaho.

WASHINGTON, March 26, 2020 /PRNewswire/ -- In response to the Coronavirus (COVID-19) pandemic, SCORE, the nation's largest network of volunteer, expert business mentors, has launched the Coronavirus Small Business Resource Center, a central hub of up-to-date information and best practices for small business resilience at this time. The completely free resource center includes financial support resources, live and on-demand educational content and access to remote mentoring.