Peoples Bank takes home national SBA award
by For the MBJ
Published: May 23,2011
While portfolio performance played a significant role in the award, the institution’s continued support of small business, especially in underserved communities during challenging economic times was also a major factor.
In FY 2010, Peoples Bank made 320 SBA loans to small businesses, delivering more than $21 million to small businesses in Mississippi, with more than $6.8 million of that total going to borrowers in underserved markets.
Peoples received its awarded during Small Business Week, when the SBA honors State Small Business Persons of the Year from all 50 states, the District of Columbia, Guam and Puerto Rico and the Virgin Islands, and recognizes businesses recovering from natural disasters, people who have helped others recover from natural disasters, small business lenders, small business contractors and contracting officers and advocates for small businesses.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- DAVID DALLAS: You say “Obama”, I say “Ebola”
- Judge gets more time to fight efforts to remove him from office
- Voters to decide whether hunting, fishing is constitutional right
- MARTIN WILLOUGHBY: Andrew Adams helps grow Addicus
- Coast cleanup nets 1,600 bags of trash — and a watermelon patch
- State's bad bridges continue to raise concerns among officials
- Number of visitors to Natchez Trace makes big jump
- MISSISSIPPI RISING: Time to sell the image
- Epidemiologist: State's hospitals can identify, isolate Ebola cases
- C Spire wins national award, cash prize for marketing analytics