Business

Ridgestone Bank receives honor

Posted July 14, 2015 1:00 am

SCHAUMBURG — Ridgestone Bank recently received the Illinois 2014 SBA 7(a) Lender of the Year award, presented by the Illinois District Office of the U.S. Small Business Administration. Ridgestone received the award for providing the best overall support for the 7(a) loan program based on loan amounts delivered to small businesses throughout the state of Illinois. Ridgestone Bank's Illinois SBA loans totaled $188.2 million in fiscal 2014. “At Ridgestone Bank we continually dedicate ourselves to being a leader in small business lending,” said Bruce Lammers, president and CEO of Ridgestone Bank. “As the number one SBA lender in Illinois for six consecutive years, we take pride in our ability to provide opportunities for small business growth throughout Illinois.” Ridgestone Bank is a privately-held bank with full-service branch locations in Brookfield, Wis. and Schaumburg.

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