Lender Awards

SBA Lender Awards

SBA Lender Awards

SBA District Offices rely on lending institutions to deliver capital to the small business community. The annual SBA Lender Awards recognize institutions that are most instrumental in this process. The U.S. Small Business Administration’s Michigan District Office Lenders awards include the following:

Michigan Lender of the Year:
SBA’s award for the best overall performance. Consideration was given to volume, increases in dollar amount, area coverage, and participation in SBA programs and community activities.

Community Lender of the Year:
This award is given for best overall performance among Michigan-based, non-preferred lenders and is based on total volume, new market activity, and comparison with historical performance.

Business Development Lender of the Year:
This award goes to the institution with the largest increase in loan approvals.

504 Third Party Lender of the Year:
This award is given in recognition of the best overall support of SBA’s 504 loan program.

  Diversity Lender of the Year:
This award goes to an institution with 61% of all of its SBA lending going to underserved markets, including minorities, women, and veterans.

Community Diversity Lender of the Year:
This is awarded for support of diverse small businesses, such as minorities, women, and veterans.

The Export Finance Lender of the Year:
This award is for outstanding commitment to helping small businesses reach international markets through the use of SBA Export loan programs.

Credit Union Lender of the Year:
This is awarded for support of SBA lending within a credit union.

 

Michigan Past Award Recipients (2017)

504 Third Party Lender Traverse City Bank
504 Third Party Lender – Finalist The Huntington National Bank
504 Third Party Lender – Finalist Chase
Export Lender of the Year Oxford Bank
Export Lender of the Year – Finalist Comerica Bank
Export Lender of the Year – Finalist Level One Bank
Business Development Lender of the Year Hastings City Bank
Business Development Lender of the Year – Finalist Lake Trust Credit Union
Business Development Lender of the Year – Finalist First National Bank of Michigan
Community Diversity Lender of the Year Hantz Bank
Community Diversity Lender of the Year – Finalist Hastings City Bank
Community Diversity Lender of the Year – Finalist Lake Trust Credit Union
Diversity Lender of the Year Chase
Diversity Lender of the Year – Finalist Citizens Bank
Diversity Lender of the Year – Finalist Chemical Bank
Community Lender of the Year Horizon Bank
Community Lender of the Year – Finalist mBank
Community Lender of the Year – Finalist Oxford Bank
Credit Union Lender of the Year Lake Trust Credit Union
Credit Union Lender of the Year – Finalist Michigan State University FCU
Credit Union Lender of the Year – Finalist 4Front CU
Credit Union Lender of the Year – Finalist Community Choice CU
Michigan Lender of the Year The Huntington National Bank
Michigan Lender of the Year – Finalist Comerica Bank
Michigan Lender of the Year – Finalist Chemical Bank
Michigan Lender of the Year – Finalist Chase
District Director’s Award Derek Edwards, Invest Detroit

Indiana District Office Awards

Mission Lender Flagship Enterprise Center Indiana
Third Party Lender First Merchants Bank
504 CDC Lender of the Year Premier Capital Corporation
Community Lender – Gold 1st Source Bank
Community Lender – Silver Mainsource Bank
Community Lender – Bronze Horizon Bank
Regional Lender – Gold The Huntington National Bank
Regional Lender – Silver Chase Bank
Regional Lender – Bronze KeyBank

Cleveland District Office Awards

Grand Slam Award The Huntington National Bank
Top Five Lender Award – Runner-up KeyBank
Top Five Lender Award Citizens Bank
Top Five Lender Award US Bank
Top Five Lender Award PNC Bank
Top Community Bank Lender Consumers National Bank
Top CDC Lender Award Growth Capital Corp.