Serving Up Good Business

Read the reviews of Suga’s Diner and one quickly sees high quality food and service are hallmarks of this small town restaurant just 45 minutes outside of Memphis. Like many restaurants though, the outbreak of the coronavirus threatened to close the business for good. Owner Lesa Tard turned to a local bank for assistance through the Small Business Administration Paycheck Protection Program (PPP). The bank, however, offered no help. As a HOPE member-owner who conducted her personal finance affairs at the credit union, she realized she could also reach out for her business needs as well. “It was like serendipity, HOPE popped up in my mind” Lesa recalls. HOPE made Lesa the PPP loan that Suga’s Diner needed. She appreciated the efficiency of working with HOPE “The loan process was very easy” said Lesa.