Third Coast Bank finances PPP loans
HUMBLE, Texas – (COMMERCIAL THREAD) – Third Coast Bank SSB is proud to announce that we are successfully funding Paycheck Protection Program (PPP) loans through the Small Business Administration as permitted by the CARES Act. Our team has worked tirelessly to prepare this process for financing these essential loans for our small business clients and prospects. Our bankers worked all weekend processing hundreds of loan applications. To date, we have received over $ 150 million in SBA E-Tran (Electronic Transaction Origination) loan approvals.
“I’ve always believed that what a business, big or small, defines it. In times of stress, it is amplified. Almost a quarter of our bank participated in an all-weekend effort to process hundreds of loans. These loans are essential for our small businesses and we are working 24/7 to help them. I am so proud of the dedication and ingenuity of our team in helping our community, ”said Bart Caraway, President and CEO of Third Coast Bank SSB.
Our small business owners can apply for the loan directly by completing the PPP application located on our dedicated Third Coast Bank CARES page. Please visit us at www.tcbssb.com for more up-to-date information.
Third Coast Bank was formed in March 2008 by a group of local organizers seeking to create a relationship-oriented bank committed to personal service and contribution to the community. We pride ourselves on being locally owned with local values and an entrepreneurial spirit. We distinguish ourselves by anticipating and exceeding the expectations of our clients, establishing lasting partnerships, maintaining the highest standards of ethical business conduct, being aware and responsive to the needs of our community, and always being aware of the gives customers a choice.