CommerceWest Bank (CWBK) announced the funding of its first Payroll Protection Program loan made available through the recently approved CARES Act. Mr. Ivo Tjan, Chairman and CEO commented, “We are here to help. We are ready and able to assist the local business community during these challenging times. Our team has worked tirelessly to set up this program in preparation for funding loans today. We want our clients and other businesses in Southern California to be able to keep paying their employees during this unprecedented event.”
CommerceWest Bank is a California based full service commercial bank with a unique vision and culture of focusing exclusively on the business community. Founded in 2001 and headquartered in Irvine, California. The Bank serves businesses throughout the state with an emphasis on clients in Orange County, San Diego, Los Angeles, and Riverside Counties. We are a full service business bank and offer a wide range of commercial banking services, including concierge services, remote deposit solution, online banking, mobile banking, lines of credit, working capital loans, commercial real estate loans, SBA loans, and cash management services.
Mission Statement: CommerceWest Bank will create a complete banking experience for each client, catering to businesses and their specific banking needs, while accommodating our clients and providing them high-quality, low stress and personally tailored banking and financial services.
