On July 31, 2020, Stan Doida, attorney and founder of Doida Law Group, was featured in a Wall Street Journal article entitled “When Their PPP Loans Didn’t Come Through, These Businesses Broke Up With Their Banks”. Written by Peter Rudegeair, the article focuses on how some business owners made the decision to move their money permanently to smaller banks who were able to deliver their PPP funds.
After weeks of waiting to hear back on his PPP loan application with Wells Fargo, a colleague introduced Stan to local bank, InBank. Five hours later, his loan was approved and soon after he secured his funds. The article reported that InBank gained 350 new customers due to the PPP.
Photo credit: Caleb Alvarado with WSJ