PITTSFIELD, Mass. — The Massachusetts District Office of the U.S. Small Business Administration (SBA) held its' Annual Meeting on Friday, Dec. 10 and announced Greylock Federal Credit Union (Greylock) as the #1 Western Massachusetts SBA 7(a) Lender and the #1 Lender to Rural Businesses. 

 

Greylock issued over $437,000 in program loans in 2021.

 

"We are grateful for SBA's recognition of our Business Banking team's hard work as they carried out Greylock's mission through supporting the needs of small businesses,” said Senior Vice President, Chief Lending Officer Jodi Rathbun-Briggs. "The team not only led in 7(a) loans, but also helped retain over 5,000 jobs through the SBA's Paycheck Protection Program. This award goes out to everyone at Greylock, especially the Business Banking team, for their commitment to the rural businesses that serve as the backbone of our economy.”

 

The 7(a) loan program is SBA's primary program for providing financial assistance to small businesses through government secured loans.