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Lending & Credit Risk SBA Lending

How CDFIs Can Support Their Communities Through PPP | A Success Story

Community Development Financial Institutions (CDFIs) will have early access to the next round of the Paycheck Protection Program (PPP) funding, per the latest guidance from the SBA. How can CDFIs use this opportunity to support their mission and their communities?

In this webinar, Abrigo and Optus Bank share how this South Carolina CDFI participated in the 2020 rounds of funding with the PPP and the impact they saw in their community.

Watch to learn:

Quick overview of the Paycheck Protection Program and how it’s changed
How this program will be unique for CDFI lenders
How PPP originated loans can be a lifeline to struggling businesses in your CDFI’s charter

Meet Your Presenters

Laura Broderick

Chief Marketing Officer

Laura Broderick joined Abrigo in 2018, bringing over 20 years of marketing leadership experience. Most recently, she served as chief marketing officer of Verb Inc. and in the same capacity at Hibu Inc. prior to that. Earlier in her career, she led brand development for the San Diego Padres, but she’s a Houston

Paula S. King, CPA

Senior Consultant

Paula King, CPA, is Senior Advisor for Abrigo Advisory Services, assisting financial institutions with CECL, credit processes, model validations, and recently, the SBA’s Paycheck Protection Program forgiveness process. A former banker and bank co-founder, she has held executive positions (CFO, Chief Risk Officer and Chief Compliance Officer) and has more