Thursday, April 30, 2015

SBA to Recognize Mission Lenders, including NY's Pat McKrell, during National Small Business Week

SBA is acknowledging the outstanding work of Empire State Certified Development Corp. (Empire State CDC), a New-York-based CDC, as the winner of the first-ever National Small Business Week Community Advantage Lender of the Year Award.

A subsidiary of the New York Business Development Corporation, Empire State CDC is New York’s largest SBA 504 lender and consistently ranks in the top five among the 242 certified development companies nationwide. In FY 2014, Empire State CDC led the nation in approving $8.6 million of Community Advantage (CA) Loans to 66 different small businesses. Empire State CDC President and CEO Patrick J. MacKrell will accept the award.

The award will be presented as part of the National Small Business Week 2015 Celebrations in May.

A table showing both the top 10 Microlenders and top 10 Community Advantage lenders with their respective rankings and loan production may be accessed at https://www.sba.gov/sites/default/files/Top10-microloan-ca-lenders-fy14.pdf.

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