At Pacific Premier, we focus on providing financial solutions that foster access to capital—primarily in the areas of job creation and retention, education and workforce development, and affordable housing, with a goal of promoting economic growth and prosperity.

Loans made to support community development and affordable housing

In 2020 we provided approximately $1.2 billion in community development loans.

Impactful Loans

Paycheck Protection Program (PPP) Loans

We closed approximately 3,800 PPP loans in 2020 with originations of over $1.1 billion.

This action and support helped our clients retain over 122,000 jobs.

Hands Together — A Center for Children

Hands Together seeks to provide the highest quality early education and care to families in need—families who are striving to gain stability, improve their lives, and emerge from the vicious cycle of poverty they face in Santa Ana, California.

The organization’s PPP loan of $141,124 through Pacific Premier helped retain 24 jobs at a daycare center in Santa Ana. During the pandemic, childcare has taken on a new importance, enabling families—especially families in minority communities—to continue to go to work. “We were able to keep our full staff,” said Karina Chavez, Hands Together Preschool Director.

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$141,124 PPP Loan

24 Jobs Saved

Escalante Concrete Construction

“All of us were scared,” said Lori Escalante, Escalante’s President and CEO, of the COVID-19 pandemic. “Nobody knew what to expect. And Pacific Premier Bank helped us obtain a PPP loan that allowed us to pull together, not panic, and keep the hope.”

For more than 30 years, Escalante Concrete Construction, located in Tucson, Arizona, has delivered high-quality concrete work with a special emphasis on employee happiness. “I’m taking care of them,” Escalante said. Their PPP loan of $1,365,252 through Pacific Premier helped retain 170 jobs.

“Working with someone who knows your business and what you’re trying to accomplish makes a world of difference.”

—Lori Escalante, President and CEO, Escalante Concrete Construction

Due to limited photo options during the majority of 2020, some images used were taken prior to the COVID-19 pandemic.

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$1,365,252 PPP Loan

170 Jobs Saved

SoLa Impact

SoLa, a minority-owned business, operates more than 1,500 units of affordable housing in Los Angeles. 95% of SoLa’s tenants are low- and moderate-income individuals and families, 72% are African American, and 18% are Latinx. “People in low-income neighborhoods want the same thing that people everywhere want,” says Bill O’Neil, SoLa’s Director of Asset Management. “A safe, comfortable place to raise their kids–ideally, an affordable, safe place to raise their kids.”

“From day one, Pacific Premier Bank has taken the position that we would succeed at what we are doing. Instead of looking at the challenges and saying no, they looked at our capabilities and mission and said yes. Pacific Premier has stood behind us with a wide spectrum of real estate financing and banking services, and we’re thrilled they continue to support our growth,” said O’Neil.

“Pacific Premier Bank was an early champion of our mission to build affordable housing in South LA. As we continue to address this pressing need, Pacific Premier is right there with us.”

—Bill O’Neil, Director of Asset Management, SoLa Impact

Due to limited photo options during the majority of 2020, some images used were taken prior to the COVID-19 pandemic.

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