Rachel’s PPP Story
Allegiance Bank is proud to serve our local Houston community and support our customers throughout all seasons of life. Our local economy has proved resilient yet again in recent months. Businesses learned to embrace the present, and we witnessed the coronavirus pandemic strengthening our community despite the need to navigate unprecedented financial changes.
As the Houston region’s largest community-based SBA Lender, Allegiance Bank has continued to support the small business community through the CARES Act and its signature loan program, the Paycheck Protection Program (PPP). PPP loans processed through Allegiance Bank have saved over 55,000 jobs in the community, and the positive economic impact associated with the loans can be seen across many small businesses.
Woman-owned business and Allegiance customer Identity Plus LLC experienced firsthand the positive economic impact of PPP loans. When owner Rachel Cevallos found herself faced with a new normal and a need to pivot operations at the start of the economic shutdown, she knew to call her long-time banker David Corpus, Senior Vice President for Allegiance’s new East End location opening this summer. David worked with Rachel in securing her PPP loan.
As an embroidery, screen-print and promotional products company that once printed t-shirts for gatherings, Identity Plus was able to shift gears with the help of a PPP loan by beginning to print thousands of masks for the community.
“This was a lifesaver for us… The loan helped us keep our doors open, keep our employees and still print for our independent graffiti artists we work with while we switched gears,” explains Identity Plus owner Rachel Cevallos.
Rachel has worked with David Corpus for the past 20 years and considers him her guiding hand as well as her banker.
“There’s a certain level of comfort that I know that I’ll get taken care of and my company will get taken care of because we have a good relationship with a banker and a bank here in Houston,” Rachel continued.
As a long time banker, David Corpus understands that banking is business but it is also a very personal and rewarding way to work with customers – he believes in the importance of making you feel like you are a top customer.
Allegiance takes pride in being a part of the community here in Houston and helping small businesses be a part of the community’s growth. After all, as a community bank, we truly are in this together. Serving in these unprecedented times is an honor, and we pledge to support your banking needs however we can.
Thank you to the Texas Bankers Association for the opportunity to share the stories of local business owners and community banks. Check out Rachel’s video story below.
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