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First National 1870 Ranks as Number Four SBA 7(a) Bank Lender in New Mexico District

1/05/22
First National 1870 Ranks as Number Four SBA 7(a) Bank Lender in New Mexico District

Albuquerque, NM (January 5, 2022) – First National 1870 is proud to announce that it provided the fourth highest total amount of SBA 7(a) loans by a bank lender in the New Mexico District in FY2021. This is the first time First National 1870 has ranked as a top SBA lender in New Mexico. First National 1870 is a division of Sunflower Bank, one of the 100 Most Active SBA Lenders in the nation with total SBA 7(a) loans of $125,639,300 in FY2021.
 
For FY2021, Sunflower Bank is a Top 10 Bank Lender in five of its markets according to the U.S. Small Business Administration (SBA):

•           New Mexico District Office - #4 Bank Lender
•           El Paso District Office - #2 Bank Lender
•           Arizona District Office - #5 Bank Lender
•           Colorado District Office - #5 Bank Lender
•           Kansas District Office - #9 Bank Lender

As part of its growth strategy, Sunflower Bank is investing in its SBA platform and hiring additional SBA specialists. In November 2021, Danny Lobina joined Sunflower Bank as the new Director of SBA Lending to oversee SBA business development for Sunflower Bank and First National 1870. Lobina states, “It’s such an exciting time to join Sunflower Bank, and I look forward to building on its momentum as a top SBA Lender. We have tremendous growth plans that will help us deliver the benefits of SBA lending to even more businesses in all of our markets.”
 
First National 1870’s commercial banking teams are led by Regional President Scott Z. Czarniak and Santa Fe & Los Alamos Market President Dolores F. Overton. The teams provide SBA lending expertise to local businesses for business acquisition, owner-occupied commercial real estate, equipment financing and working capital needs.

As an SBA Preferred Lender, Sunflower Bank has a streamlined, in-house approval process and dedicated specialists that work with local teams to provide timely credit approvals driven by local expertise. SBA Preferred Lenders have been recognized for a successful track record, high SBA loan volume and expertise in SBA lending policies and procedures.
 
Lending volume data is provided by the SBA for FY2021, ending September 30, 2021.