by Gateway Bank Gateway Bank No Comments

A partnership for PPP: Springs Realty receives capital and comfort during difficult times

Farnsworth Development, a builder of active adult retirement communities, and the company’s sales and development arm, Springs Realty, have been intertwined with the Mesa community for decades. 

President and CEO Craig Ahlstrom was involved with a variety of local organizations for decades, including United Way, YMCA, Mesa Chamber of Commerce, various City of Mesa committees and boards, and Central Arizona Homebuilder’s Association. After investing so much in the city for so long, his company needed help in return — and Gateway Bank was there to provide support.

Mesa’s bustling real estate industry has been impacted by the coronavirus pandemic, trickling down to business challenges for Springs Realty. When Congress passed the Paycheck Protection Program (PPP) in spring 2020, the company jumped at the chance for financial assistance. 

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by Gateway Bank Gateway Bank No Comments

Big business, small bank: Why one national company made the move to a community bank

As the Cheers song goes, “Sometimes you wanna go where everybody knows your name, and they’re always glad you came.” While the iconic TV jingle referred to a tavern, Kay-Kay Realty Corp. was looking for the same thing in a banking partner. This type of individual attention and personal service was exactly what they found at Gateway Bank — and the reason they’re still a customer and avid fan over a decade later. 

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