Business
ChoiceOne Bank Receives MCDC 2023 Lender of the Year Award
Bradley Bissett Personally Recognized as MCDC 2023 Individual Lender of the Year SPARTA, Mich., Sept. 19, 2024 /PRNewswire/ -- ChoiceOne Financial Services,
About this update from Choiceone Financial Services, Inc.
[{"type":"text","content":"Bradley Bissett Personally Recognized as MCDC 2023 Individual Lender of the Year\nSPARTA, Mich., Sept. 19, 2024 /PRNewswire/ -- ChoiceOne Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS) (\"ChoiceOne\") are honored to receive the 2023 Lender of the Year Award from the Michigan Certified Development Corporation (MCDC). ChoiceOne Vice President, SBA Lending Officer Aaron Griffin accepted the award on behalf of the Bank. MCDC also presented Vice President, Commercial Loan Officer Brad Bissett a 2023 Individual Lender of the Year award.\n\n \n \n \n \n \n \n\n \n\"We are honored to receive the MCDC 2023 Lender of the Year Award. Aaron's dedication, resilience and work ethic has helped differentiate our SBA program from other Michigan based lenders,\" said ChoiceOne Executive Vice President, Chief Lending Officer Bradley Henion. \"We are equally excited to honor Brad as a MCDC 2023 Individual Lender of the Year. As the local community bank, ChoiceOne has a longstanding commitment to building personal relationships with the entrepreneurs and small business owners in our communities. Promoting business expansion and strong economic growth in Michigan are at the forefront of our business partnerships including our relationship with MCDC.\"\nUnlike conventional term loans, an SBA 504 Loan is a government-backed term loan. An SBA Loan offers business owners the opportunity to take advantage of favorable terms as part of the SBA program, while removing some of the barriers to traditional financing options. The SBA 504 primarily assists healthy, expanding businesses that have been in operation for more than two years. In certain instances, the SBA 504 may be used to finance start-up businesses.\n\"ChoiceOne Bank's SBA department, led by Aaron Griffin and with significant contributions from Brad Bissett, has exemplified excellence as our top lending partner, earning the well-deserved title of 2023 Lender of the Year,\" said MCDC Vice President of SBA 504 Lending Eric Kehler. \"Their outstanding performance in the SBA 504 Loan Program showcases a profound commitment to innovation and client service. Throughout 2023, ChoiceOne consistently delivered tailored lending solutions, demonstrating an acute understanding of borrowers' needs and making a tangible impact on our communities. Their responsiveness and meticulous approach have no...