DALLAS, TEXAS – Six lenders were applauded for leading the delivery of critical small business funding in the U.S. Small Business Administration’s South Central Region, during the annual Mid America Lenders Conference held in Fort Worth, Texas April 15-17. 

“We are able to deliver on our agency promise to power American small businesses through the commitment and dedication of our lenders,” said Acting Regional Administrator Dottie Overal.  “By working together with our lenders in calendar year 2017, we approved more than $3.7 billion in funding to 6,955 small businesses which helped create over 34,000 jobs, and retain over 41,000 jobs in the states of Arkansas, Louisiana, New Mexico, Oklahoma and Texas,” she said. 

The following lenders led the Region in the delivery of SBA lending programs:

Top National 7(a) Lender of the Year by Number of Loans in the Region

Compass Bank, Alabama

Approved 966 loans for $183,276,600

Top Regional Small Bank 7(a) Lender of the Year

Wallis State Bank, Texas

Approved 77 loans for $64,234,000

Top Regional Large Bank 7(a) Lender of the Year

Spirit of Texas Bank, Texas

Approved 140 loans for $53,710,600

Top Regional 504 Lender of the Year

Capital Certified Development Corporation, Texas

Approved 87 loans for $78,844,000

Top Regional Community Advantage Lender of the Year

PeopleFund, Texas

Approved 80 loans for $8,583,000

Top Regional Microlender of the Year

LiftFund, Inc., Texas

Approved 246 loans for $3,524,654

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About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start and grow their businesses. It delivers services to people through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.