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KeyBank Ranks Among Top SBA Lenders in Washington State

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KeyBank (NYSE:KEY) has ranked #1 for the most small business loans $350,000 or less in Washington Congressional Districts 1, 3, 7, 8, and 9 by the U.S. Small Business Administration (SBA) for the 2023 fiscal year. KeyBank has been a top-performing SBA Preferred Lender for over two decades, providing over $2.6 billion in SBA-guaranteed financing to small business owners, with $1.29 billion in the last four years alone. The SBA Seattle District Director praised KeyBank for its dedication to supporting small businesses with smaller dollar needs.
KeyBank (NYSE:KEY) è stata classificata al primo posto per il maggior numero di prestiti alle piccole imprese di importo pari o inferiore a $350,000 nei distretti congressuali di Washington 1, 3, 7, 8 e 9 dalla U.S. Small Business Administration (SBA) per l'anno fiscale 2023. Da oltre due decenni, KeyBank è uno dei principali prestatori preferiti dalla SBA, avendo fornito oltre $2,6 miliardi di finanziamenti garantiti dalla SBA a piccoli imprenditori, di cui $1,29 miliardi negli ultimi quattro anni. Il Direttore del Distretto di Seattle della SBA ha lodato KeyBank per il suo impegno nel supportare le piccole imprese che necessitano di somme minori.
KeyBank (NYSE:KEY) ha sido clasificado como el número uno en la mayor cantidad de préstamos a pequeñas empresas de $350,000 o menos en los distritos congresionales de Washington 1, 3, 7, 8 y 9 por la Administración de Pequeñas Empresas de EE.UU. (SBA) para el año fiscal 2023. KeyBank ha sido un destacado prestamista preferente de la SBA durante más de dos décadas, proporcionando más de $2.6 mil millones en financiamiento garantizado por la SBA a propietarios de pequeñas empresas, con $1.29 mil millones solo en los últimos cuatro años. El Director del Distrito de Seattle de la SBA elogió a KeyBank por su dedicación a apoyar a las pequeñas empresas con necesidades de menor cuantía.
KeyBank (NYSE:KEY)은 2023 회계 연도에 워싱턴 주제 제1, 3, 7, 8, 9지구에서 35만 달러 이하의 소기업 대출에서 1위를 차지했습니다. 미국 소기업청(SBA)에 의해 평가된 바에 따르면 KeyBank는 20년 이상 SBA 선호 대출기관으로서 소기업에게 26억 달러 이상의 SBA 보증 금융을 제공했으며, 그 중 지난 4년 동안 12억 9천만 달러가 제공되었습니다. SBA 시애틀 지구 디렉터는 소액 금융이 필요한 소기업을 지원하는 데 있어 KeyBank의 헌신을 칭찬했습니다.
KeyBank (NYSE:KEY) a été classée numéro un pour le plus grand nombre de prêts aux petites entreprises de 350 000 $ ou moins dans les 1er, 3e, 7e, 8e, et 9e districts congressionnels de Washington par l'Administration des petites entreprises des États-Unis (SBA) pour l'exercice fiscal 2023. KeyBank est un prêteur privilégié de la SBA depuis plus de deux décennies, ayant fourni plus de 2,6 milliards de dollars de financements garantis par la SBA aux petits entrepreneurs, dont 1,29 milliard de dollars au cours des quatre dernières années seulement. Le directeur du district de Seattle de la SBA a salué KeyBank pour son dévouement à soutenir les petites entreprises ayant des besoins en fonds moins importants.
KeyBank (NYSE:KEY) wurde als Nummer 1 für die meisten Kleinunternehmenskredite bis zu einer Höhe von $350.000 in den Washingtoner Kongressbezirken 1, 3, 7, 8 und 9 von der US Small Business Administration (SBA) für das Geschäftsjahr 2023 eingestuft. KeyBank ist seit über zwei Jahrzehnten ein führender bevorzugter SBA-Kreditgeber und hat Kleinunternehmern SBA-garantierte Finanzierungen in Höhe von über $2,6 Milliarden bereitgestellt, wovon allein in den letzten vier Jahren $1,29 Milliarden vergeben wurden. Der Direktor des SBA Seattle District lobte KeyBank für dessen Engagement bei der Unterstützung von Kleinunternehmen mit kleineren Geldbedarfen.
Positive
  • KeyBank has been recognized as the top SBA lender for small business loans $350,000 or less in multiple Washington Congressional Districts.
  • KeyBank has a long history of being a top-performing SBA Preferred Lender, with over $2.6 billion provided in SBA-guaranteed financing.
  • The SBA Seattle District Director commended KeyBank for its commitment to supporting small businesses in need of financing.
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SEATTLE, WA / ACCESSWIRE / April 19, 2024 / KeyBank (NYSE:KEY) announced it has received the honor of ranking #1 for the most small business loans $350,000 or less in Washington Congressional Districts 1, 3, 7, 8, and 9 by the U.S. Small Business Administration (SBA) 2023 fiscal year. Districts include:

  • Washington's 1st Congressional District encompasses part of Bellevue and Kirkland, following I-5 up to Arlington.
  • Washington's 3rd Congressional District includes the Southwestern part of the state.
  • Washington's 7th Congressional District covers most of Seattle up to Shoreline, the University District, West Seattle, and Vashon.
  • Washington's 8th Congressional District is the bullseye of the state covering the vast middle.
  • Washington's 9th Congressional District stretches from Federal Way up to the bottom of Bellevue and includes Mercer Island and the Southeastern part of Seattle proper.

"We are very excited to receive this honor from the SBA here in Washington. Access to capital is a struggle for many small businesses, but through partnerships and relationships, KeyBank is making that happen," said James Fliss, Jr., KeyBank Senior Vice President, National SBA Manager. "We believe that small businesses are the backbone to a thriving community, we couldn't be prouder of our team."

KeyBank has been a top-performing SBA Preferred Lender for over two decades1, helping numerous small businesses obtain access to capital through the SBA lending programs. Since 2015, KeyBank has provided more than $2.6 billion in SBA-guaranteed financing to thousands of small business owners with more than $1.29 billion of that funding occurring in the last four years.

"Small businesses consistently identify financing as a top need, but access to capital often brings challenges and barriers for many small business owners. This is why the work the SBA does, in tandem with a robust network of lenders, is so critical," SBA Seattle District Director Melanie Norton said. "During Fiscal Year 2023 alone, approximately $900 million in SBA loans were made across the SBA Seattle District. We're grateful to KeyBank for being one of the top lenders in the district to make loans under $350,000 during the past year and ensuring small businesses with smaller dollar needs were not overlooked. We will continue our work together to make certain no entrepreneur is left behind."

ABOUT KEYBANK

KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $188 billion at December 31, 2023. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United State under the KeyBanc Capital Markets trade name. For more information, visit. https://www.key.com/. KeyBank Member FDIC. SBA LOANS ARE NOT FDIC INSURED OR GUARANTEED. All credit products and SBA Loans are subject to approval, terms, conditions, and availability and subject to change.

1 KeyBank has held the Preferred Lender designation since 1997

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SOURCE: KeyBank



View the original press release on accesswire.com

FAQ

How did KeyBank rank among SBA lenders in Washington State for the 2023 fiscal year?

KeyBank ranked #1 for the most small business loans $350,000 or less in Washington Congressional Districts 1, 3, 7, 8, and 9.

What is KeyBank's ranking in terms of SBA lending programs?

KeyBank has been a top-performing SBA Preferred Lender for over two decades.

How much financing has KeyBank provided to small business owners through SBA programs?

KeyBank has provided over $2.6 billion in SBA-guaranteed financing, with $1.29 billion occurring in the last four years.

Who praised KeyBank for its support of small businesses in Washington State?

The SBA Seattle District Director, Melanie Norton, commended KeyBank for its dedication to supporting small businesses with smaller dollar needs.

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About KEY

at keybank, we’ve made a promise to our clients that they will always have a champion in us. to deliver on our promise, we’re committed to building a team of engaged employees who do the right thing for our clients and shareholders each and every day. headquartered in cleveland, ohio, keycorp is one of the nation’s largest financial services companies, with assets of approximately $93.8 billion. key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products to individuals and companies throughout the united states, and, for certain businesses, internationally. follow along for business and industry insights, expert advice and more resources to help you reach your financial goals. keycorp is an equal opportunity and affirmative action employer committed to engaging a diverse workforce and sustaining an inclusive culture. all qualified applicants will receive consideration for employment without regard to race, color,