FOR BREAKING NEWS VISIT WWW.QNS.COM APRIL 8, 2021 • THE QUEENS COURIER 27
ore than a year into the COVID-19
crisis and small businesses are slowly
and steadily rebounding from its
devastating effects. Throughout this
unprecedented time, many business owners
sought financial assistance as a means to pay
their employees, keep their doors open, and
maintain livelihoods. Where the midsize and
large banks often fell short, Flushing Bank came
through—assisting a range of small businesses
in recovery.
SMALL ENOUGH TO KNOW YOU.
LARGE ENOUGH TO HELP YOU.®
and services of a large bank, Flushing Bank was
able to provide exceptional customer service
with a highly personalized touch during a time
when people needed it most.
In fact, Flushing Bank proved to be a reliable
and nimble resource for numerous avenues of
federal aid. This included both rounds of PPP
loans, which allowed many small businesses to
secure vital government funding. Proudly, since
April of 2020, Flushing Bank has successfully
funded every PPP loan application for
customers and non-customers alike. And during
the second round of the PPP, their partnership
with a fintech company helped Flushing Bank
improve their application process, resulting in
more applications compared to 2020.
Mark Sgantzos, co-owner of Clark’s Diner said,
“Thanks to Flushing Bank and our PPP loan, we
were able to maintain our staff, provide outdoor
dining, and buy the necessary equipment
to keep our employees and customers safe.
We are very appreciative of Flushing Bank’s
accessibility and support.”
Flushing Bank also offered additional financial
help to customers through such resources as
the Main Street Lending Program, a Federal
Reserve loan program designed to help small- to
medium-sized businesses that were financially
sound prior to COVID-19. Additionally, through
the Federal Home Loan Bank of New York’s
Small Business Recovery Grant Program,
Flushing Bank distributed grants to small
businesses and non-profit organizations in their
local markets.
Andrew Bly, Principal and CEO at The Molecule
commented, “I cannot thank Flushing Bank
enough for all their help in getting both rounds
of PPP funds for our visual effects company.
We wouldn’t be here if it wasn’t for their tireless
work and support. We’re confident that 2021
will turn out to be our best year yet.”
SUPPORTING RECOVERY ACROSS
ALL INDUSTRIES.
As a bank that’s truly part of the community,
Flushing Bank saw firsthand how hard
businesses in the neighborhood were hit by
the pandemic. From local businesses and
healthcare facilities to schools and non-profit
organizations, Flushing Bank worked closely
with all types of businesses to guide them
through the loan process, answer questions,
and expedite solutions.
Noor Baqueri of Unitech Print remarked, “The
PPP loan we received through Flushing Bank
provided the necessary funds to keep our
family owned and operated printing company
in business through this challenging time. In
addition to their professional support, they
have provided peace of mind for my family that
is priceless.”
Mike Truesdell, President of Holy Cross High
School in Queens also said, “Thank you to
Flushing Bank. They were there to address all
of our questions and concerns through both
rounds of PPP applications. Through their
dedicated work, we have been blessed to
receive both draws.”
EVERYDAY BANKING REMAINED
OF UTMOST IMPORTANCE.
Beyond federal funding programs, Flushing
Bank never lost sight of the importance of
everyday banking needs. Through appointment
banking, customers safely met with branch
staff during the crisis for more complex
transactions, such as account servicing and
access to traditional loans, including lines of
credit and mortgages. Additionally, at a time
when the health and safety of the community
were never more vital, Flushing Bank launched
a line of robust digital services. This digital
transformation allowed customers to easily
bank from their homes, any time of day.
Lynn Sherman, Executive Vice President of the
Charles B. Wang Community Health Center
said, “Flushing Bank worked with us through
the Build NYC Resource tax-exempt bond
transaction. They were actively involved
in every step of our closing and provided
professional yet personal customer service.
Plus, with Flushing Bank’s assistance, we were
able to successfully apply for our PPP loan.
They facilitated a quick application and timely
response. It’s refreshing to work with a bank
that is as passionate about the community as
we are.”
HOPE AND OPTIMISM
FOR THE FUTURE.
Throughout this ongoing crisis, Flushing
Bank never wavered from their tried and true,
community-based approach. From financial
services to local outreach, in which they
delivered food donations to frontline healthcare
workers, Flushing Bank showed their neighbors
that they truly care.
As 2021 progresses and vaccines continue to
roll out, Flushing Bank is confident that small
businesses will continue to bounce back.
With branches across Queens, Brooklyn,
Manhattan, and Long Island, supported
by business bankers who are prepared
to help, Flushing Bank remains staunchly
dedicated to economic recovery and the
next chapter of growth for small businesses.
Small Businesses
Move Toward
Recovery
with Help from
Flushing Bank.
800.581.2889
FlushingBank.com
Flushing Bank is a registered trademark
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