CoastHills Credit Union opens applications for second round of PPP loans
SANTA MARIA, Calif .– As local businesses continue to struggle during the COVID-19 pandemic, CoastHills Credit Union is now accepting applications for a second round of Paycheck Protection Program loans.
“CoastHills is an SBA Preferred Lender, so we have the in-house expertise and authority to guide local businesses through every step of the PPP application and pardon process,” said Tim Jensen, CFO of CoastHills EVP . “Our responsive and experienced team worked closely with hundreds of companies during the first PPP cycle to assess their situation and make the entire process as efficient and painless as possible.”
CoastHills funded nearly $ 33 million in PPP loans to 621 Central Coast businesses during the first wave.
Sherri Briscoe, owner of Pacific Sun Trucking in Santa Maria, is one of the many beneficiaries who have benefited from this loan.
Briscoe was one of the many business owners who struggled to pay his lease, his employees, and the rest of his bills.
After seeking financial assistance, CoastHills was able to approve their PPP loan.
“I am so grateful for CoastHills,” said Briscoe.
Now she is able to make her own and rehire most of the employees who have been made redundant.
“The process was so smooth, quick and easy,” said Briscoe.
For more information on CoastHills PPP Loan, Click here.