The U.S. Small Business Administration (SBA) provides loans, loan guarantees, couseling, and other resources to small businesses, helping them start or grow. GRB works with the SBA to provide clients more options for their financing needs.
Virginia Smith, the Rochester SBA branch manager, visited GRB today to present us with the Bronze Award, for participating in over $1 million in the bank guarantee program for fiscal year 2014 (ended 9/30/14). On hand to receive the award were Senior Vice Presidents Paul Kaiser and Dave Halladay.
Some statistics about GRB's 2014 involvement with the SBA:
- GRB completed 22 SBA loans for a total of $2.7 million.
- GRB ranks 6th in the Rochester market for number of loans approved
- GRB ranks 9th in the market for total dollar amount of loans approved.
Virginia Smith of the SBA; Paul Kaiser and Dave Halladay of GRB.