The “Money Talks” hosts interview Pete O’Hern from Coastal States Bank on the Payroll Protection Program loans that are backed by the Small Business Administration. While final guidance from the SBA hadn’t been released as of the interview, they cover what the loans can be used for and how the loan forgiveness may work. They also discuss how small businesses may qualify for both the PPP loans and the SBA’s Emergency Injury Disaster Loan program.
With over 25 years’ experience in SBA lending, Pete O’Hern is a National Sales Manager for the Government Guaranteed Lending Team at Coastal States Bank.
Coastal States Bank
Coastal States Bank is a full-service local community bank with locations in the Lowcountry of South Carolina to Savannah, Atlanta, and North Georgia. They are an SBA Preferred Lender and lend on a national basis.