Meadows Bank Successfully Sells Its Third SBA 504 Loan Pool
(firmenpresse) - LAS VEGAS, NV -- (Marketwire) -- 10/21/11 -- Meadows Bank, a full service community bank specializing in Small Business Administration (SBA) and United States Department of Agriculture (USDA) loans, headquartered in Las Vegas, NV, announced today it has successfully sold its third SBA 504 loan pool under the SBA First Mortgage Loan Pooling Program.
"We were very pleased with the execution we received on the sale of this 504 loan pool. We have been focusing on SBA 504 loans all year and the pooling program is a great vehicle to help community banks increase their presence in the 504 market. We expect to have one or two more pools available for sale before year end," said Calvin Regan, Senior Vice President and Manager of the SBA Department.
Meadows Bank is an SBA approved pool originator and expects to continue to form and sell loan pools as long as the program is available through the SBA. The program is currently authorized to operate through September 2012.
About Meadows Bank: Meadows Bank is a community bank headquartered in Las Vegas, NV with loan production offices in Salt Lake City, UT; Denver, CO; Phoenix, AZ; San Diego, CA and Sacramento, CA. Meadows Bank specializes in SBA and USDA Rural Development lending and has a full staff of loan officers, underwriters and processors dedicated solely to SBA and USDA lending. For more information on obtaining an SBA or USDA loan through Meadows Bank, please contact one of our SBA Loan Experts at 702-471-2265 or visit our website at
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Datum: 21.10.2011 - 10:59 Uhr
Sprache: Deutsch
News-ID 78831
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LAS VEGAS, NV
Kategorie:
Commercial & Investment Banking
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