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OVER 5,000 PPP LOANS APPROVED | 56,000 JOBS IMPACTED
WE'RE GETTING NEVADA BACK TO BUSINESS.
BACK TO HOPE. BACK TO THRIVING.
When the pandemic shut down non-essential businesses, Nevada State Bank worked around the clock to help businesses in need with their Paycheck Protection Program loan. We are proud of the number of loans we’ve processed and the jobs we’ve helped to impact. But the numbers only tell part of the story — every number represents a person with a story of his or her own. A business owner who refused to give up in the face of unprecedented challenges. An employer looking for a way to avoid laying off loyal workers. Someone looking for a lifeline to help keep their doors open.
At Nevada State Bank, we’re grateful to have played a part in their stories — ones that the numbers can only hint at.
"This is a bank that sees you, hears you, and wants you to prosper. They make you feel like an individual, not another account number. During the process of applying for PPP funds, my banker John Whitehead made himself available at all hours, even responding to my questions at midnight. The process was convoluted, required a lot of revisions, but he never faltered and was able to guide us to the much-needed funds for our company to keep people employed."
"During the PPP, our banker was essentially at our side, keeping us informed about all the steps and requirements of the application process and helping us in every way. She was invaluable and we could not have completed the process without her. If our PPP loan application had not been approved, our ability to conduct business would have been severely impacted, and the ongoing operation of our Artown organization would be uncertain. We’re very thankful to have NSB on our side."
Exotic Car Rentals Las Vegas | Benz Tek Performance | Battle Born Collision
Las Vegas, NV
"Everyone I dealt with at NSB has been fantastic! I have a lot of business contacts, and they all say the same thing – they were bumped off by a big bank. I told them to go get it taken care of with NSB. Here’s what the PPP loan meant to me: My companies have a chance to make it through these crazy times, and my workers can feed their families. It’s been stellar – I can’t say enough."
Gus Dean’s Ice Cream
Founding Partner & Managing Member
Las Vegas, NV
"Nevada State Bank cares about people. I was not even a client, and my NEW banker, Jeanette Perez, got it done. As a business guy, I really appreciated her reaching out and helping with my PPP loan, making calls into the evening. I was able to give full payroll to my employees without worrying. We’re back open—the plant is making ice cream, and we are serving it up at Meadows Mall and Palms Plaza, with more to come.”
Front Office Staff
Rena Zatica, Co-Owner
Loretta Bonilla, Co-Owner
"NSB Business Banker Cesar Quintanilla contacted us to inform us of the PPP Loan Program the first week it opened; he wanted to know if we were interested in applying. There were hiccups, but Cesar worked with us through the weekend, processing our application three times Sunday night until finally, he emailed us late that night that the SBA accepted our application. The PPP loan gave us time to review our options and come up with a plan. We were able to keep our entire team employed, keep the business running, and most importantly, we have been able to pay it forward to a few of our clients who were struggling."
Advanced Prosthetics & Orthotics
Tony Gorgun, CO
Board Certified Orthotist
Las Vegas, NV
"When COVID 19 hit, everyone was so scared. Overnight, people stopped going to their doctor’s office. When patient flow is low, minimal services are provided, resulting in reduced billing which equates to reduced revenue. But it was critical that APO never shut down. There is nowhere else for some patients to go for their orthotic and prosthetic services. The PPP loan was not only critical to my business, but the bank was actually ensuring an essential medical service--allowing us to still serve our patients.”
"When COVID19 hit our economy, and PPP was announced, our banker John Whitehead was very proactive and, together with our CFO, worked long days to make sure that we got the PPP documents needed for approval. We've been fortunate to be able to keep all 160 employees on board so that everyone can provide for their families. Some drivers with high-risk family members have chosen to stay on the road for the past two months, isolating themselves from their families while doing an important service to this country."
Dr. Vincent D'Ascoli
Reno, Carson City, Gardnerville,
Incline Village, Fernley, So Lake Tahoe
"My private banker, Sherilyn, was reaching out to me about the PPP loan opportunity for my business before the bank with my business accounts did. In fact, after I reached out to them via email, as directed online, I never heard back. Nevada State Bank got it done. My other dentist friends started reaching out “Did you get approved?” Their banks had not responded. I told them you are just a number to them; at Nevada State Bank, you get personalized service and they take care of you."
Co-Owner / Founder
Las Vegas, NV
"The care and guidance we received from Nevada State Bank’s SBA department, Jeremy particularly, was seamless. They prepared us to have our application complete and ready the moment when the program was to be launched. We were made to feel that our business was a priority--in stark contrast to fellow small business owners' stories that have been relayed to us."
NSB PAYCHECK PROTECTION PROGRAM HIGHLIGHTS
as of July 1, 2020
PAYCHECK PROTECTION PROGRAM UPDATE
UPDATED: July 17, 2020 9:00 A.M. PDT
Acceptance of New Applications by Nevada State Bank:
Authorization for the SBA’s Paycheck Protection Program has been extended through August 8, 2020.
With this authorization and funding for the Paycheck Protection Program still available, we are continuing to accept new applications from current Nevada State Bank clients[cite::219::cite]. We are happy to accept new Paycheck Protection Program applications from any small business, independent contractor, self-employed individual or non-profit that has a current loan and/or deposit relationship with Nevada State Bank, as of July 17, 2020. To begin your application, please contact your relationship manager, your local Nevada State Bank branch or call our Contact Center at 888-926-8250 to schedule an appointment with a local banker. New applications will be accepted by Nevada State Bank through 11:00 a.m. (PT) on Friday, August 7, 2020.
As an SBA-preferred lender, Nevada State Bank is well positioned to help you efficiently navigate the loan application process.
PLEASE NOTE: New applications that are incomplete and inaccurate, or do not include an accurately calculated and properly documented loan amount, requisite ownership and other eligibility information and an accurate 6-digit NAICS (North American Industry Classification System) code for your business, will not be processed. You will also be required to have a current transactional (e.g.¸checking) account with us bearing the same legal name under which your business applies for the loan, in order for us to deposit the loan proceeds, and to maintain your business’s primary checking account with Nevada State Bank.
Paycheck Protection Program Information
The SBA has published important information about the Paycheck Protection Program. This information is updated frequently, and we recommend you refer to it periodically. Click here to visit the Treasury website (to which SBA information is posted), including Frequently Asked Questions posted under Program Rules, as well as other resources.
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