abrigo.com MAKING A DIFFERENCE IN ITS COMMUNITIES The mission of Community Bank of the Bay, California’s first depository Community Development Financial Institution (CDFI), is economic empowerment in local communities. That’s one reason the Oakland, Calif., institution was eager to participate when Congress passed the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, or the Economic Aid Act. After all, Community Bank of the Bay during the first two rounds of the Paycheck Protection Program (PPP) had already helped local businesses in the San Francisco Bay area secure 390 loans totaling about $81 million. Bank staff and executives had seen for themselves the impact of the funding on local businesses. “It made the difference between survival and going

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