Years-old lending pickle helped guide SBA policy shift

Published Updated 5 Min Read

Adobe StockSBA's Director of Financial Assistance Dan Pische and Bank of America executive Tim Little appeared at American Banker's Small Business Banking conference in Chicago last week.

  • Key takeaway: The higher relationship-wide limit reflects a desire to help small businesses entering the lower-middle-market space.
  • Expert quote: “It’s an opportunity for our clients to continue to grow, and [to] look at larger clients in this space.” — Timothy Little, Midwest region executive at Bank of America

Dan Pische, director of the Small Business Administration’s Office of Financial Assistance, served as a lender for the $8.6 billion-asset First American Bank in Elk Grove Village, Illinois, before going to work for the government in 2021. 

John Reosti
Reporter

John Reosti is a reporter covering community banks in particular and the financial services industry in general. He also focuses on the Small Business Administration, the National Credit Union … Read full bio


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