The Palmetto Bank was among honorees at the 2013 annual meetings of Business Development Corporation (BDC) and Certified Development Corporation (CDC) in Columbia last month.
“By their participation in our small business lending programs, these progressive institutions are helping South Carolina’s economy continue to grow, providing thousands of jobs and millions of dollars of investment in the economic progress of the Palmetto State each year,” said Edwin O. Lesley, president and CEO of BDC and executive vice president of CDC, which is managed by BDC.
The bank won three awards: SC CAP Top Participating Lender, SC SSBCI CAP Top Participating Lender, and SC SSBCI Loan Participation Program Top Participating Lender. In 2012 it generated 85 loans for over $12 million as part of the small business lending programs.
“We recognize that today’s business climate requires innovation and creativity in order to serve our clients. These programs are a shining example of how to execute on both of those,” said Coleman Kirven, commercial banking executive at Palmetto Bank.