Staff Reports

Back to: News
January 15, 2013
Follow News

Heritage Bank named top SBA lender

Heritage Bank of Nevada, which has a branch in south Gardnerville, has been named the No. 1 Small Business Administration lender for 2012 in Northern Nevada as the largest processor of SBA 504 loans. In fiscal year 2012, Heritage Bank partnered with Nevada State Development Corp. to provide funding on 15 projects totaling $22 million. Heritage Bank’s portion of the loans totaled $9.8 million, and the SBA’s 504 loans totaled $8.2 million. The SBA 504 program is designed to grow small business and increase jobs, the bank said in a press release. Loans are made for purchasing or refinancing commercial …

Explore Related Articles

Trending in: News

The Record Courier Updated Jan 15, 2013 05:34PM Published Jan 15, 2013 05:33PM Copyright 2013 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.