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Great Western Bank Recognized as a Top Volume Lender in Iowa by SBA

12/09/2011

(DES MOINES, Iowa)- Great Western Bank has been recognized as a top lender in the state of Iowa by the U.S. Small Business Administration for Fiscal Year 2011, the agency announced today.

Great Western Bank approved 28 SBA guaranteed loans worth over $14.8 million to small businesses in Iowa.

"Small businesses are the foundation of our nation's economy and helping small businesses get the financing they need to succeed is of vital importance," said Joe Folsom, director of the SBA's Des Moines District Office. "We're pleased to work with lenders such as Great Western Bank in helping Iowa's small business community to grow and prosper."

Overall in Iowa, the SBA guaranteed 674 loans for $293.6 million during Fiscal Year 2011, which ended September 30, 2011.