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‘Working Out’ Business Needs

November 13th, 2020   

After two banks rejected her business loan applications, Kameelah Harris reached out to HOPE to finance the purchase of the building where she operates WOW Fitness. “HOPE did give me the opportunity to own this spot and I’m grateful for sure. Incredibly, business has been amazing since the pandemic.” Kameelah still is not sure why the other financial institutions turned her down. At the time, she had a high credit score. Months later, when the pandemic struck, she immediately turned to the financial partner she could trust, returning to HOPE for a U.S. Small Business Administration Paycheck Protection Program loan to keep employees on the job during the crisis. Kameelah also changed the way she delivers her services. Now, group exercise sessions are available via video conferencing. The PPP loan from HOPE also helped cover expenses for this new way of doing business.