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Community State Bank Receives 2021 Wisconsin SBA Volume Lender Award

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Pictured left to right are: Steve Donovan, CSB executive vice president and Becky McClelland, CSB assistant vice president – Burlington market president.

Community State Bank (CSB) was recently honored with the 2021 Wisconsin Small Business Administration (SBA) Volume Lender Award (Asset Size $500 million–$1 billion). CSB has once again been recognized for their commitment towards supporting small businesses through SBA loans and services. This is the second time that the bank has earned this mark of distinction.

CSB was presented with the award on Thursday, May 19 at the Wisconsin Lenders Conference in Wisconsin Dells. Becky McClelland (CSB AVP – market president), Jackie Kolbeck (CSB AVP – commercial loan processing), Nicholas Borth (CSB AVP – market president), and Steve Donovan (CSB executive vice president) were some of the Community State Bank staff in attendance to accept the award.

“I’m extremely proud of the efforts put forth by our business banking and loan operations teams,” said Donovan. “Our purpose is to provide opportunity for local business owners to grow and develop and I know our team is committed to accomplishing this in each of our market areas. Thank you to all of the businesses that chose CSB as their financial partner.”

Eighteen lenders were recognized by the U.S. Small Business Administration’s Wisconsin office in 15 volume and specialty categories for 2021. SBA-approved lenders made an unprecedented $1.074 billion via 1744 loans to Wisconsin small businesses from October 1, 2020 to Sept. 30, 2021. Community State Bank had 64 approved 7(a) loans totaling over $19 million, marking the second highest number of approved loans in the state of Wisconsin regardless of institution asset size.

In the next few weeks, CSB will be sharing success stories of featured SBA businesses on their Providing Opportunity blog, which can be viewed at CSB.bank/providing-opportunity.