Commerce Bancshares
50 Case Studies
A Commerce Bancshares Case Study
Girls on the Run, a nonprofit organization, faced financial uncertainty during the COVID-19 pandemic and needed to secure a Payroll Protection Program (PPP) loan to maintain its staff and continue serving its community. Their previous bank was unresponsive, creating a significant challenge in accessing these critical funds.
Commerce Bancshares provided the solution by promptly assisting with the PPP loan process, offering dedicated support that was tailored to the nonprofit's limited administrative resources. With Commerce's help, the St. Louis chapter of Girls on the Run secured the necessary funding, which enabled it to serve more girls in the past year than any other chapter in North America. This successful partnership led the organization to switch its entire banking relationship to Commerce.