SARATOGA SPRINGS, N.Y. (November 6, 2019) — Saratoga National Bank and Trust Company is pleased to announce it has been named “Top Small Community Lender” by the U.S. Small Business Administration for the Capital Region for the sixth consecutive year.
The SBA recognizes the most active 7(a) lenders in three asset-size groups. In the 2019 federal fiscal year that ended September 30, Saratoga National Bank approved nine loans totaling $994,800, making it the top-performer in its category for the Capital Region.
“As a community bank, we are proud to partner with many different types of companies to help owners grow their businesses, and by extension the neighborhoods we serve,” said Dave DeMarco, President and CEO of Saratoga National Bank. “We are honored once again this year to be recognized by the SBA for our community lending.”
Saratoga National Bank has been an SBA lending partner since 1988. Its commercial lending team covers the greater Capital Region from Albany to Saratoga counties.
Part of the Arrow family of companies, Saratoga National Bank and Trust Company provides banking, wealth management and insurance through 11 locations across the Capital Region. In early 2020, it will open a 12th location in Latham. Saratoga National Bank is rated a 5-Star Superior institution by BauerFinancial.