Former drivers, truck and trailer rental companies and fuel businesses are collectively owed hundreds of thousands of dollars after a Massachusetts logistics company filed Chapter 7.
Kevin Holmes, CEO and founder of Advantage Trucking in Shrewsbury, said getting CARES Act Paycheck Protection Program loans for his business was a lifeline last summer.
During the pandemic, Holmes said he was able to get PPP loans for Advantage Truck Leasing, a branch of his company, through Whitinsville-based UniBank, which is now the largest bank headquartered in Central Massachusetts with 13 branches in the region.
Holmes has been a UniBank customer since 2007. He said he has his home mortgage with UniBank as well as several capital lines and finances some of his company s vehicles through the bank. Calls came to us from UniBank and from Michael Welch not to see what they could do financially they called to see how our families were, how we were, and then they would ask, Is there anything else we can do to help you through this? Holmes said. They have that community-minded understanding of the human perspective.”