Forward Bank
Forward Bank Helps Businesses Find Relief Amid COVID-19
April 15, 2020
Over the last week, the Commercial Lending team at Forward Bank has been working with purpose – to move our businesses forward through this unprecedented time. They have been working tirelessly to understand the SBA programs recently announced and matching the best program to our customers' needs.
We're proud to say that we've surpassed the $50 million mark in securing funding through the government's Paycheck Protection Program. These funds support the businesses and non-profits in our area, helping them maintain a steady income for their employees.
"I've watched our team work through the weekends, come in early and stay late to get loans booked and provide some comfort for members of our communities through this uncertain time," commented Bill Sennholz, CEO of Forward Bank. "We've taken an 'all hands on deck' approach to addressing the volume of requests, and I am touched by the efforts of everyone that have stepped up."
"The lending team has helped over 285 organizations in a very short period of time," stated Dave Clark, President of Forward Bank. "We know that there are more that could use our help navigating government programs or understanding the relief packages that we developed ourselves. Our purpose is to move communities, businesses, and families through this uncertain time."