Our Banks at Work for Collier County Businesses!

** Bank of America **
Paycheck Protection Program
(Updated May 20, 2020) 

Bank of America has funded 2,422 loans locally for $152 million with average loan size of $62k.  

 

** First Florida Integrity Bank **
Paycheck Protection Program
(Updated May 20, 2020)

First Florida Integrity Bank has processed 1,649 loans locally for $186 million. 

This probably had a positive impact on 24,000 individuals’ paychecks for 2 months.

75% of the approved loans are for less than $100,000, with a median loan amount of $33,000. 

First Florida Integrity Bank is still processing new applications but the volume has decreased significantly.