EDC Business & Community Partners Named #1 SBA Lender in the St. Louis Region
Vice President of Marketing & Entrepreneurship
December 18, 2017- The St. Charles County EDC Business & Community Partners is proud to announce that the organization’s SBA 504 lending program was named the #1 SBA lender in the St. Louis region by the St. Louis Business Journal.
The ranking reflects the program’s impact on St. Charles County and the Greater St. Louis business community. In the past year the program made $18,860,000 in loans. That lending led to additional follow-on financing that, in total, reflect a $100,000,000 in the region’s small businesses.
“The 504 program is really the unsung hero of the region’s entrepreneurial ecosystem,” said EDC President and CEO Greg Prestemon. “Venture capital and other more glamorous sources of funding tend to get all the headlines, but the 504 program is incredibly important to this county and our region’s entrepreneurs. We are very proud of our 504 team, and look forward to being #1 for years to come.”
About the St. Charles County EDC Business & Community Partners – EDC Business and Community Partners helps foster the growth of business in St. Charles County. Through our Startup Assistance, Small Business Finance and Business Attraction & Retention programs we have remained a trusted resource and economic catalyst in St. Charles County since 1990.