Business View Magazine | April/May 2022

145 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 4 Business Development Corporation, to get money into the hands of businesses who needed it as quickly as possible. Commercial Loan Officer Bryan Krempa recounts, “Pursuit offered to help small community banks such as Alden in working through the PPP loan application process. Where a lot of banks in the area had their loan underwriters and loan officers working around the clock to try to review all of these loan applications for PPP, Pursuit actually handled these loans for us on our behalf. We were not involved in the decisioning of the loans, the underwriting of the loans, or anything of that nature. We were basically here to guide our customers through the process, and to get them to a position where they could work through the application and get the loan submitted. Pursuit handled it from there.” Customers were given a unique code which identified them with Alden State Bank on the application, making the process simple for everyone. Jack Koelbl, ALDEN STATE BANK President and CEO, Steve Woodard