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The U.S. Small Business Administration (SBA) Indiana District Office rewards local lenders for helping Indiana small businesses

Release Date: 
Wednesday, December 18, 2019
Release Number: 
121819
Advisory Date: 
Wednesday, December 18, 2019
Contact: 
SBA Indiana District Office Public Affairs

INDIANAPOLIS – Nine financial institutions in eleven different categories were recognized for their hard work with small businesses at the annual SBA Indiana Lenders Forum & Awards Luncheon December 18.  The awards luncheon was hosted by an SBA resource partner, the Central Indiana Small Business Development Center (SBDC), at their new location at Butler University Lacy School of Business. The Central Indiana SBDC is part of the Indiana SBDC network, whose locations throughout the state provide free small business mentorship and counseling services to entrepreneurs.

“Our lending partners play a critical role in helping Indiana companies find the funds they need to start, grow, and expand their small businesses,” said SBA Indiana District Director Stacey Poynter.  “SBA loan guaranty programs provide federal support for loans, which encourages financial institutions to lend money to companies with challenges obtaining credit in the conventional market.  During FY 2019, SBA helped Indiana entrepreneurs access 1,163 SBA-guaranteed loans for almost $485 million to start, grow, and expand their small businesses, which supported over $627 million in total projects to the Indiana economy.  This reflects the strong partnerships SBA enjoys with lenders, and their dedication to giving financial power to the American dream.”

Awards were presented to:

504 CDC Lender of the Year 

(# of approved loans)

Premier Capital Corporation

504 CDC Lender of the Year 

($$ volume of approved loans)

Indiana Statewide CDC

Regional Lender— Gold

The Huntington National Bank

Regional Lender—Silver

KeyBank

Regional Lender— Bronze

Fifth Third Bank

Community Lender— Gold

1st Source Bank

Community Lender— Silver

First Merchants Bank

Community Lender— Bronze

Centier Bank

Mission Lender

Bankable

Third Party Lender

First Merchants Bank

Rural Lender

1st Source Bank

SBA Indiana Lender Awards (l-r)  Jim Aucremanne, Huntington National; Rob Scott, SBA Great Lakes RA; Joe Keyler, First Merchants Bank; Mark Leurs, Premier Capital Corporation; Sandra McCleese, Indiana Statewide CDC; Ryan Bell, 1st Source Bank; Adam Hoeksema, Bankable; Stacey Poynter, SBA Indiana District Office Director; Jonathan Hildebrand, Centier Bank; Kevin Knipp, Fifth Thirds Bank  (not pictured—Michael Van Vierzen, KeyBank)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The SBA guaranteed loan program helps small businesses get loans by working with lenders to provide loans to small businesses.  Loans guaranteed by the SBA range from small to large and can be used for most business purposes, including long-term fixed assets and operating capital.  For more information on the SBA guaranteed loan program and to find an SBA preferred lender ready to work with you, check the funding tab on www.sba.gov

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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, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.