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CLIENT SPOTLIGHT

Total Foot Care & Wellness Center

Woman-Owned Podiatry Practice Receives PPP Loan and Grant Dollars From BBIF

Total Foot Care & Wellness Clinic is a black-owned, multi-physician podiatry practice, owned and operated by Dr. Candice Kennedy. Based in Jacksonville, Florida, the clinic specializes in care and treatment for the 40+ senior community.

DEMOGRAPHIC

Woman-Owned

LOCATION

Jacksonville, FL

LOAN PROGRAM

Paycheck Protection Program

Total Foot Care & Wellness Center
Total Foot Care & Wellness Center
THE CHALLENGE

Rising Equipment Costs Causes Threat to Business

When the COVID-19 pandemic hit in the spring of 2020, Total Foot Care & Wellness experienced a large spike in their expenses. There was an unprecedented increase in the cost of personal protection equipment.


This had a detrimental impact on their budget. With costs rising, Dr. Kennedy and Mr. Kennedy began to fear staff layoffs and the inability to make payroll.

THE SOLUTION

Expert BBIF Guidance to Get a PPP Loan

To prevent the loss of her talented staff, she applied to the Paycheck Protection Program (PPP) through their primary financial institution. The Kennedy’s describes their entire experience with this institution as horrible. He completed all the necessary steps for the application, yet they received no communication back. When the initial rollout of PPP closed, Total Foot Care & Wellness was unable to secure funds from their traditional institution.


After receiving no financial support, the Kennedy’s connected with a BBIF team member at a local event in Jacksonville and formed a relationship that would change their future. 


Throughout the Kennedy’s entire experience with BBIF, communication was clear and frequent. They were able to receive consistent updates from BBIF’s loan team as they walked through the process. With the help of BBIF, Total Foot Care & Wellness not only obtained a much-needed PPP loan but also received grant funding to support their payroll obligation.

BBIF’s team works to help you reach your business goal. If you have a business plan, and BBIF knows there’s a small chance for you to reach that goal, they will do whatever they can to help you succeed.

Dr. Candice Kennedy

Founder & Owner of Total Foot Care & Wellness

Total Foot Care & Wellness Center
THE IMPACT

Helping a Local BIPOC Business Continue Operating Through Covid-19 Crisis

BBIF helped Total Foot Care & Wellness by providing a forgivable loan that allowed the business to purchase masks, gloves, gowns, and other protective equipment without taking on additional debt. They were able to retain all 15 employees which enabled the business to continue operating while keeping its employees safe and healthy.


In addition to the loan, BBIF also provided free consulting services to Total Foot Care & Wellness. These services included guidance on financial management, marketing, and human resources. By improving the business’s efficiency and profitability, BBIF helped Total Foot Care & Wellness to not only survive but thrive during a difficult time.

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