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Summit Credit Union Named Top Sba Lender In Wisconsin For Tenth Consecutive Year

February 23, 2021 undefined Volume Lender Award celebrates credit union with most small business loans MADISON, Wis.— In a year that presented incredible challenges to small businesses, Summit Credit Union has been awarded the 2020 Wisconsin Small Business Administration (SBA) Lender Award by the SBA. This is the tenth consecutive year Summit has won the award, which is given to the credit union with the most approved 7(A) small business loans in Wisconsin. “The past year has been especially hard on many small businesses, and Summit acted quickly with loan deferral programs and participation in the SBA’s Paycheck Protection Program to support the businesses and their employees,” said Summit Credit Union CEO & President Kim Sponem. “The impact we made by helping 1,400 businesses and keeping their employees receiving a paycheck was very rewarding.” Summit business development officers help business owners find the right type of SBA loan for each business. Backed by the SBA, these loans are specifically designed to help small business owners and entrepreneurs who might have a hard time finding affordable financing. 7(A) SBA loans help business owners meet a variety of long-term objectives, such as real estate projects, business expansion, debt refinancing and more. In addition to this award, Summit was Wisconsin’s top credit union lender during the first installment of the SBA’s Payment Protection Program (PPP) in 2020. Summit worked with local businesses to access more than $58 million through 1,395 approved loans in the first round of PPP and is actively participating in the second round of PPP lending currently underway. To learn more about Summit’s support of small businesses and available SBA loans, visit . Featured Products Certificates Checking Accounts Home Equity Loans Home Loans Business Banking Certificates Checking Accounts Home Equity Loans Home Loans Business Banking Financial Education Upcoming Events Programs Tools & Calculators On-demand Webinars Podcasts Upcoming Events Programs Tools & Calculators On-demand Webinars Podcasts About Equity in Money™ About Summit Careers News Community Giving Equity in Money™ About Summit Careers News Community Giving Help & Support Contact Us Member Support Center Schedule an Appointment Find a Branch Contact Us Member Support Center Schedule an Appointment Find a Branch Please read the following before proceeding to: The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. NCUA Insurance Estimator Privacy, Security & Accessibility Rates, Fees, Terms & Disclosures Routing Number *  The Wisconsin's #1 Mortgage Lender designation is based on the number of loans in 2022, gathered from the Home Mortgage Disclosure Act data compiled annually by the Consumer Financial Protection Bureau. The results of the data were obtained through the LEI: 254900NTAC4H10MGSU23 **  SBA Lender of the Year Award for Credit Unions as awarded by the Small Business Administration of Wisconsin in 2023. Copyright 2024 © Summit Credit Union. All rights reserved. If you are using a screen reader and are having problems using this website, please call 608-243-5000 for assistance. Insured by NCUA