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CapStar Bank, a subsidiary of CapStar Financial Holdings (NASDAQ: CSTR), has launched a PPP Loan Forgiveness Application Guidance webinar and a forgiveness estimation calculator in response to the SBA's PPP Loan Forgiveness Application (SBA Form 3508). The free resources aim to assist borrowers with critical aspects of the forgiveness process. CapStar has emphasized its commitment to supporting business owners during the pandemic, highlighting its exceptional PPP production relative to asset size. CapStar Bank has assets of $2.03 billion and serves small to mid-sized businesses across Tennessee.
CapStar Financial Holdings announced the hiring of Michael J. Fowler as the new Chief Financial Officer, effective upon the legal closure of the First Horizon National Corp. and IBERIABANK Corporation merger. Fowler brings 40 years of experience in financial risk management, previously serving as Executive Vice President at IBERIABANK. His appointment aims to enhance profitability and earnings consistency. Former CFO Robert B. Anderson will assist during the transition until June 30, 2020. CapStar operates primarily through CapStar Bank, recognized for excellence in customer experience.
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