For These Small Businesses, BancorpSouth Was Right Where They Were
As the COVID-19 (coronavirus) pandemic swept across the nation, many businesses found themselves pivoting and adapting on the fly. Fortunately, authorized emergency funding was available through the Paycheck Protection Program (PPP). BancorpSouth worked quickly to help many businesses get approved for funding, and we’re pleased to share some of their stories.
Keeping Texas Caffeinated
Matt Rhodes founded Binxcorp, a one-stop-shop for equipment, installation, training, and ergonomic design for the coffee industry. But when business ground to a slow drip in the early days of the COVID-19 crisis, Rhodes found support in BancorpSouth. Read more about how we were able to walk him through the PPP funding process.
Family Is Everything
Jesse Peralta worked in restaurants from the time he was a teenager. It’s only natural he would one day open his own. After successfully growing his small chain of family-owned Don Juan’s Mexican Restaurants over two decades, Peralta had to lay people off for the first time when the coronavirus closed his doors. With the help of PPP funding through BancorpSouth, Jesse found a way to pivot to takeout and delivery and get his staff back cooking.
Lacie Bray, one of the founders of Ozark Beer Co. believes grit and determination are what make the Ozark region of her native Arkansas special. When the independent brewery and community space had to temporarily shut their doors, Bray and her partners had to tap into their grit to manage disruption. Read more about how BancorpSouth was able to help them.
Do you operate a small business, or know someone who does?
Learn more about the many business solutions BancorpSouth has to offer.