Batesville Herald Tribune, Batesville, Indiana

Business

December 24, 2013

Loan officer receives state honor

The Friendship State Bank employee Jeff Dougan received the Highest Dollar Volume Approved Award and was runner-up for the Small Business Lender of the Year at the Indiana Statewide Certified Development Corp. banquet, reports Lauren Wagner, the bank’s marketing/public relations coordinator.

The award is earned by the bank that generates the largest volume of small business loans with ISCDC as a percentage of total bank deposits. Corporation officials work with local lenders to loan money through the U.S. Small Business Administration 504 financing program. Twenty-five Indiana banks and other lenders vied for the honor in fiscal 2013, which ended Sept. 30.

The advantage of SBA 504 loans is that they offer small business owners long-term, fixed-rate financing similar to commercial loan terms available for large companies. At 30 years, ISCDC is Indiana’s oldest and largest lender of SBA 504 loans.

Bank President/CEO Jim Lemon said, “We are extremely proud of Jeff and pleased that he’s part of our team. In fact, I like to think Jeff’s the best lender in Batesville.”

Dougan has been a loan officer there for almost five years and has a strong reputation throughout Batesville as a lender who works well with small businesses.

For more information on the bank, persons may visit the company’s Web site at wwww.friendshipstatebank.com.

1
Text Only
Business
  • biz bv072514 - BTD fledderman honor Fledderman leads national association Jody Fledderman, Batesville Tool & Die president and chief executive officer, has been selected as chairman of the board of the Precision Metalforming Association, which represents more than 900 companies supplying the $113 billion metal forming indu

    July 25, 2014 1 Photo

  • biz - bv072514 - Burcham, Doug Three RBSK employees added Leaders at RBSK Partners PC are pleased to announce three additions to the staff. Amanda Kruthaupt, Barbara Bohman, CPA, and Doug Burcham have been hired for several key positions.Kruthaupt joined the firm upon her graduation from Franklin College wi

    July 25, 2014 3 Photos

  • August seminars in four cities Various Indiana cities, chambers and the Southeast Indiana Small Business Development Center are sponsoring national speaker Marc Willson to return to southeast Indiana to present a series of seminars.Willson brings 35 years of experience to bear hel

    July 25, 2014

  • Old National earnings reported Old National Bancorp (Nasdaq: ONB) will release details of its second quarter earnings before the market opens Monday, July 28, and will hold a conference call with the financial community at 11 a.m. to discuss results, strategic developments and the

    July 25, 2014

  • Great Clips donates school supplies Great Clips, the world’s largest salon brand, has teamed up with AdoptAClassroom.org for the 2014 school year to provide teachers, students and parents with access to much needed school supplies.According to a news release, more than 15 million child

    July 25, 2014

  • Over 200 new jobs projected for Valeo GREENSBURG – Auto parts maker Valeo Engine Cooling ( www.valeo.com) plans to invest nearly $28 million in new machinery in Greensburg and expects to create 257 new jobs by the end of 2015. The company, which was established in the city in 1989, will

    July 15, 2014

  • Hoosier Lottery sets sales record Hoosier Lottery officials have announced the state lottery has exceeded $1 billion in sales in a 12-month period, the highest in its 25-year history. The milestone surpasses the previous sales record of $934 million in fiscal year 2013, according to

    July 15, 2014

  • biz - bv071514 - Barnard, Blayr Barnard and ISBDC recognized Blayr Barnard became the Southeast Indiana Small Business Development Center regional director in July 2009, according to a press release. She has worked in small business development since 2002, including time as the director of the southeastern Mon

    July 15, 2014 1 Photo

  • TCC will give away school supplies Residents in Batesville are about to benefit from a national backpack giveaway campaign. Officials at The Cellular Connection, the largest Verizon premium wireless retailer in the U.S., in a joint effort with its customers, announce that the company

    July 15, 2014

  • biz - bv071514 - milan primary care Primary care offered in Milan The first patient to be seen at Milan Primary Care, which opened earlier this year, was Deanna DeMotte. During her checkup, the patient was written an order for a diagnostic test, the results of which brought life-changing news, according to a Dearb

    July 15, 2014 1 Photo

Featured Ads
AP Video
Raw: Air Algerie Flight 5017 Wreckage Virginia Governor Tours Tornado Aftermath Judge Faces Heat Over Offer to Help Migrant Kids Kerry: No Deal Yet on 7-Day Gaza Truce Kangaroo Goes Missing in Oklahoma More M17 Bodies Return, Sanctions on Russia Grow Gaza Residents Mourn Dead Amid Airstrikes Raw: Deadly Tornado Hits Virginia Campground Ohio State Marching Band Chief Fired After Probe Raw: Big Rig Stuck in Illinois Swamp Cumberbatch Brings 'Penguins' to Comic-Con Raw: Air Algerie Crash Site in Mali Power to Be Restored After Wash. Wildfire Crashed Air Algerie Plane Found in Mali Israel Mulls Ceasefire Amid Gaza Offensive In Case of Fire, Oxygen Masks for Pets Mobile App Gives Tour of Battle of Atlanta Sites
Seasonal Content
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Facebook