Ginger Martin & American National Bank Strengthen Community During Pandemic
South Florida’s community banker, Ginger Martin, president and CEO of American National Bank (ANB), championed the cause of South Florida churches, nonprofits and small businesses during the mad dash to secure funding through the Paycheck Protection Program (PPP) beginning in April. When COVID hit and the world was shutting down, there was a lot of fear. The CARES Act originally left it unclear who qualified and how it would work. With businesses closed, church giving on the decline and nonprofits forced to cancel fundraisers, quick approval of the PPP was a lifeline for many.
“Ginger and Amy Mahaney, her chief loan officer, stayed late into the night to get us this PPP loan,” said Bob Barnes, president of Sheridan House Family Ministries. “And this has been a very, very challenging time for Sheridan House be-cause when other ministries’ doors are closed, ours are wide open! We’ve got 4,000 single moms and their kids, and we’re having to feed them more than ever before, so this PPP helped us to pay our employees and shift that money over to feed these moms.”
As larger banks directed confused clients to bureaucratic online formats that yielded little progress, Ginger and her team personally completed more than 500 loans in two short months, closing each one individually in their office. This was almost double the number of loans in their previous loan portfolio.
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