For smaller nonprofits like Bright Futures, the risk of being lost in the endless sea of PPP applications would leave much at stake for the community. Bright Futures’ primary bank at the time was unresponsive to their PPP needs. Bright Futures turned to Ameris. We provided Bright Futures with a lifeline to much-needed funds, giving their staff the ability to focus on the students and their families. They were able to safely bring their students back on campus, provide the most effective learning and best support these young people, their families and the community.
The Coronavirus Aid, Relief and Economic Security (CARES) Act provides approximately $2.2 trillion of fiscal stimulus. As an SBA-preferred lender, we’re thankful for the opportunity to participate in this program and offer relief to our business customers.