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Farm Unlimited takes root and continues to grow
Things were going well right from the start when Farm Unlimited opened for business in October 2019. The forestry consulting company in North Bend, Oregon, helps landowners with forestry management, whether they have 20 acres or thousands.
“It runs the whole range of planning, harvesting, reforestation and then young stand management to make sure those trees grow and become a great investment for the landowner,” says Farm Unlimited President Eric Farm.
Just months after getting the business off the ground, however, the COVID-19 crisis hit. “Everything stopped,” Eric says. “We were pretty nervous.”
Fortunately, the company had recently moved their banking to Oregon Pacific Bank. “When all this started happening, they were very responsive,” he says. “They were working on our PPP loan on Saturday, and by Monday we had funds in our account.”
As a preferred lender for the Small Business Administration, Oregon Pacific Bank was poised to provide Paycheck Protection Program help and able to get applications processed quickly.
While other banks were slow to act at the start of the crisis, OPB was ready to assist clients when they needed help at a very critical time, says Justin Miller, Trust Officer in Coos Bay.
“We made it a priority,” he says. “We talked with our customers and helped them through that process.”
With the PPP funds it received, Farm Unlimited found the breathing room it needed to continue operating during a difficult and unexpected time. Business has since picked up and they continue to be busy, helping forest landowners grow their own investments.
In all, Oregon Pacific Bank loaned more than $123 million to 685 local businesses and nonprofit agencies during the initial round of the U.S. Paycheck Protection Program, processing 100% of its applications. Part of the CARES Act, these forgivable loans provide a direct incentive for businesses and nonprofits to keep workers employed during the crisis. During the first round of loans, our bank helped ensure that more than 14,000 local jobs were retained.
Learn how we can help you and your nonprofit or business succeed by completing this form or giving us a call at 833-328-0166
Things were going well right from the start when Farm Unlimited opened for business in October 2019. The forestry consulting company in North Bend, Oregon, helps landowners with forestry management, whether they have 20 acres or thousands.
“It runs the whole range of planning, harvesting, reforestation and then young stand management to make sure those trees grow and become a great investment for the landowner,” says Farm Unlimited President Eric Farm.
Just months after getting the business off the ground, however, the COVID-19 crisis hit. “Everything stopped,” Eric says. “We were pretty nervous.”
Fortunately, the company had recently moved their banking to Oregon Pacific Bank. “When all this started happening, they were very responsive,” he says. “They were working on our PPP loan on Saturday, and by Monday we had funds in our account.”
“When the community thrives, we thrive, and our clients thrive. It’s a win-win.”
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