Skip to content

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.

Why I Love My Bank: Allegiance Bank from TexasBankers on Vimeo.

Receive News and Insights from Allegiance Bank

Stay Connected

Enter your name and email address to receive Allegiance Bank news in your inbox.

When users fill out this form, they are requesting to be added to Allegiance Bank's email distribution list.

YOU MIGHT LIKE...

World Savings Day

October 31 is World Savings Day. Accomplish long and short-term savings goals and discover the right type of savings account for your family here.

Learn More >

Banker Spotlight: Jon Villanti

At Allegiance, we serve our communities and each other. In today’s Banker Spotlight we recognize Jon Villanti, SVP of Information Security.

Learn More >

Get Smart About Credit

This Get Smart About Credit Day, check in on your credit score. If it is not where you want to be, here are a few basic concepts that can help you develop healthier credit habits.

Learn More >

Without Thinking

A Note From the Chairman | I will say with conviction, however, that it feels good when I can thwart a cyber-thief or provide a helping hand when needed. I wonder what else can be accomplished if I/we can elevate good intentions into actions and routinely hit the target without thinking.

Learn More >

Do Your Part. #BeCyberSmart.

October kicks off the 17th year of National Cybersecurity Awareness Month (NCSAM). This year, Americans are spending more time than…

Learn More >

Building Emergency Savings

Everyone knows it’s important to save money; but if you’re like most people, that’s easier said than…

Learn More >

Customer Spotlight: Paige PR

Paige PR is a public relations and marketing agency that specializes in developing  strategic internal and external communication plans. Paige PR Founder, Paige Donnell, partnered…

Learn More >

Weatherproof Finances for Natural Disasters

As Houstonians, we know all too well that hurricanes can destroy property and wreak financial havoc on families…

Learn More >

Financing Higher Education

There is a lot to consider when planning a college savings strategy. These tips can help.

Learn More >

National Women’s Equality Day

Allegiance Bank celebrates women in the workplace, today and every day. On August 26th, we recognize National Women’s Equality Day,…

Learn More >