SOUTH BEND – 1st Source Bank has been recognized by the Small Business Administration for closing more SBA loans in the state of Indiana than any other mid-size bank.
Gail Gesell, district director of the Indiana Small Business Administration presented the award to Carrie Kosac, SBA Manager at 1st Source Bank at the SBA’s annual meeting in November.
1st Source has been consistently recognized by the SBA in recent years for assisting local businesses obtain SBA loans. Last year the bank was the top provider of the Patriot Express Loan for veterans and members of the military in the state. In 2012, the bank also ranked first in the number of SBA 7(a) loans closed for the SBA’s Northwest Region in Indiana. The 2012 ranking marks the seventh year in a row that 1st Source has been ranked the top SBA lender in the area.
“1st Source is excited to once again be recognized as a top SBA lender in Indiana,” said Joe Kuzmitz, senior vice president of 1st Source Business Banking. “Thanks to our status as a preferred SBA lender, we’ve been able to quickly process SBA loan requests for area businesses and help them create and retain jobs in our community.”
