SBA Disaster Assistance
We first and foremost hope you and yours are safe and healthy as we face the developing situation surrounding COVID-19. While the pandemic presents an evolving challenge, our SBA Lending Team is monitoring, preparing and taking actions daily to keep our mission to you intact.
We are in continuous contact with the local SBA office and pleased to provide you with the latest information:
1. The SBA will allow us to consider a 90-day loan payment deferral for all current CommunityBank of Texas SBA Loan Clients. To qualify for loan payment deferral:
- You must be current on all exceptions;
- Provide current personal and business financials; and
- Document in writing how your business is being negatively impacted by COVID-19 along with steps your business is taking to minimize overhead costs.
Please bear in mind all deferral request will be subject to approval by our credit committee and loan payment deferrals mean that your regular loan payment costs may increase after the deferral period is over.
If you are interested in a personalized loan payment deferral plan with CommunityBank of Texas, please feel free to contact your SBA Loan Officer at:
Dan Garcia – 713.308.5744 or email@example.com
Jerry Tarnopol – 713.308.5778 or firstname.lastname@example.org
Paul Reade – 713.308.5760 or email@example.com
Please let us know if there is anything we can do to help you or any additional ways in which we can assist as your banking partner.
Take good care of yourself and each other.