Independent Banker - July 2021 - 75
A PPP
customer
success story
Gayoso Plastic Surgery
of St. Petersburg, Fla.,
has First Home Bank to
thank for helping get it
through COVID-19.
" When it became
Amy Thomas
apparent that medical
practices were going to
have to close due to the
pandemic, Dr. Gayoso
and I both realized
that we had an entire
staff that would be impacted by this closure if we
were not able to make payroll, " says practice manager
Amy Thomas.
The pandemic was particularly threatening to the
practice, whose business model is dependent on
disposable income. The team reached out to First Home
Bank for a Paycheck Protection Program (PPP) loan
because the two have worked on a construction project
together for nearly four years.
Working with First Home Bank was easy, Thomas says.
" Each time, we came out of our conferences feeling
very assured that our loan, and therefore our business,
was going to be taken care of, " she adds.
Had the practice not received the PPP loan, Thomas
says, it would have had to lay off most of its staff. " As
it stands, the loan allowed us to maintain 100% of
our staff throughout the shutdown, " she says. " I can't
imagine what our business would have looked like had
we not been the beneficiary of the PPP loan. "
JULY 13 | 3 ET / 2 CT
Expanding Your
Mortgage Ecosystem
Through Integrations
with Fintechs and
Beyond
Your Host:
Steve Megson
Managing Director
Finastra
Digital transformation is sweeping
finance the world over. The
path to this critical transformation
for lenders is embracing, building
and implementing open APIs.
Join us for a panel discussion as
we cover these topics and more:
* The benefits of a fully integrated
approach to mortgage lending
* How to connect the customer
experience
* What to look for in a platform
partner
2020-2021 PPP lending
11.8
million
total PPP
loans were
approved
$800
billion
is the net
value of all
PPP loans
Source: Small Business Administration data as of May 31, 2021
5,467
lenders
made
PPP
loans
REGISTER TODAY!
To register and view our full
library of free on-demand
webinars, visit the Independent
Banker Webinar Center at
Independentbanker.org
Photo by Alex McKnight / amcknight.com
http://www.amcknight.com
http://www.Independentbanker.org
Independent Banker - July 2021
Table of Contents for the Digital Edition of Independent Banker - July 2021
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