BROOKFIELD, Wis. (Feb. 3, 2016) – Ridgestone Bank was presented with the 2015 Wisconsin SBA Volume Lender Award for the highest loan volume of loans approved in fiscal year 2015 by the Wisconsin District Office of the SBA this week. Ridgestone Bank approved 103 loans to small businesses in Wisconsin in 2015 that totaled just shy of $96 million. According to the SBA, Ridgestone Bank loaned nearly one-fifth of Badger State SBA 7(a) dollars last year.
Pictured right: The Brookfield sales team joins Bruce Lammers, President and CEO of Ridgestone Bank, as he accepts an award from Eric Ness, Wisconsin SBA District Director.
“We recognize that Ridgestone Bank’s commitment goes beyond the numbers to provide great service along with the SBA-guaranteed product,” said Eric Ness, Wisconsin SBA District Director. “As an SBA PLP lender and SBA Express lender, Ridgestone does the work to make the process easier for us. We may guarantee the loans but ultimately it is the lenders that put the dollars in the hands of business owners.”
“This award represents the hard work from every member of our lending team here at Ridgestone Bank,” said Bruce Lammers, president and CEO of Ridgestone Bank. “I take pride in knowing our team at Ridgestone helped jump-start or grow more than 100 businesses in Wisconsin over the past year.”
Ridgestone Bank also received the SBA Lender of the Year award for lenders with the most Exporter SBA 7 (a) loans approved in fiscal year 2015. Ridgestone approved six exporter loans totaling $9.4 million, accounting for three-fourths of the SBA export dollars last year.
Ridgestone Bank is a privately-held bank with full-service branch locations in Brookfield, Wis. and Schaumburg, Ill., as well as lenders in Indianapolis, Northeast Wisconsin, Northcentral Wisconsin, Tennessee, Southern California, Ohio and Madison, Wis. Founded in 1995, the bank is a leader in small business and government guaranteed lending nationwide. Distinguished by the SBA as an “SBA Preferred Lender,” Ridgestone Bank is a top 10 SBA lender in the nation is the number one SBA lender in Wisconsin and Illinois. Ridgestone Bank is a leader in USDA lending in the United States and has been recognized as a valued partner by the USDA for its commitment to small businesses. Ridgestone Financial Services trades its common stock on the OTC Market exchangeunder the ticker symbol “RGST.” Ridgestone Bank is an Equal Housing Lender and Member FDIC. For more information on Ridgestone Bank, visit www.ridgestone.com.
# # #