SALT LAKE CITY, Dec. 11, 2014 /PRNewswire/ --Celtic Bank is pleased to announce that it was recognized by the SBA Utah District Office for being Utah's #1 SBA lender for FY 2014, surpassing all other lenders in the state of Utah for dollar volume. Celtic Bank was also recognized for being the most active medium-size lender (assets of $200 million to $1 billion) in the Utah District Office 7(a) lending category. Celtic Bank was presented with the awards during an event hosted by the SBA Utah District Office on November 20, 2014. Celtic Bank was also named the 8th largest SBA lender in the nation for FY 2014.
"We are honored to receive this recognition," said Reese S. Howell, Jr., Chief Executive Officer for Celtic Bank. "Contributing to the growth and success of Utah's small business community has always been a priority for our company. We are very fortunate to have a well-respected and dedicated team of small business financing professionals that are committed to helping Utah's small businesses get the financing they need to grow and thrive."
About Celtic Bank Headquartered in Salt Lake City, Utah, Bank is a leading nationwide small business lender specializing in SBA 7(a), SBA 504, USDA B&I, and conventional business loans. Business loan proceeds can be used for working capital, commercial real estate, commercial ground-up construction, equipment, inventory, business acquisition and debt refinance. Celtic Bank is an SBA Preferred Lender and currently the 6th largest SBA lender in the nation. Celtic Bank also offers residential mortgage and construction loans nationwide. For more information, please visit www.CelticBank.com.