Summit Bank Recognized as the Small Business Administration (SBA) Top Community Lender in Oregon

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EUGENE, Oregon – () – Results are available for US Small Business Administration (SBA) loans in Oregon, and Summit Bank (OTC Pink: SBKO) continues to lead community banks in supporting small businesses. We are pleased to announce that Summit Bank is the # 1 SBA Community Bank Lender for 2020, as reported in the Portland Business Journal. Additionally, Summit was # 2 for SBA loan volume for all Oregon-headquartered banks.

Summit Bank recorded over $ 14 million in SBA loans for the year ending September 30, 2020. “I am very proud of the SBA team,” said Craig Wanishek, President and CEO of Summit Bank . “In addition to administering 442 PPP loans totaling $ 119 million, the SBA Group has also been able to assist several clients with traditional SBA loan products.”

SBA loans help small businesses promote and strengthen the overall economy through financial assistance and providing advice to help people start and grow their businesses. Summit Bank actively participates in the SBA 7a and 504 loan programs. “We have a team of dedicated professionals who focus solely on SBA loans,” said Ashley Horner, SBA Program Administrator. “We are committed to helping our potential clients qualify for SBA loans. Then we work with these clients as they grow and evolve.

Horner is a frequent speaker at SBA conferences and was recently named by the Independent Community Bankers of America as one of the top U.S. banking executives under 40 in the country. In November, she was a finalist for the “Woman Entrepreneur of the Year” prize awarded by the Eugène Chamber of Commerce.

With offices in Eugene / Springfield, Central Oregon and the Metro Portland area, Summit Bank is an investment bank specializing in providing high-level services to professionals, midsize businesses and their owners. .

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