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Bank of Idaho Shows Leadership in SBA Lending


Press release content from Accesswire. The AP news staff was not involved in its creation.
Bank of Idaho Shows Leadership in SBA Lending
April 26, 2021 GMT
BOISE, ID / ACCESSWIRE / April 26, 2021 / Eight months into a heady investment in SBA lending, Bank of Idaho (OTC PINK:BOID) is already a leader in the market. SBA rankings show Bank of Idaho as the Boise District Office’s top dollar-lender of Small Business Administration 7(a) loans.“This is exactly what we’ve been working toward,” said Bank of Idaho Vice President and SBA Department Manager Tony Vahsholtz. “The market for SBA services is under-served, so we’re happy to step up and fill the void.“With the first half of the fiscal year reported, Bank of Idaho has topped or tied its peers in 7(a) dollars lent and number of loans approved. Adding 504 Part loans to the totals shows Bank of Idaho ranked in the top three in both categories.SBA lending is a boon to small business owners, which are Bank of Id ....

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