M&T Bank Named the #1 Minority Lender of the Year in Massachusetts by the United States Small Business Administration
January 13, 2024
January 13, 2024
BOSTON, Massachusetts, Jan. 13 -- M&T Bank, a financial holding company, issued the following news release:
The United States Small Business Administration (SBA) named M&T Bank (NYSE:MTB) the top lender to minority-owned businesses in Massachusetts for fiscal year 2023. M&T approved 42 7(a) loans during the SBA's fiscal year equaling more than $7 million, representing more than an eightfold increase from only 5 in 2022. Of the 42 loans, 18 were to minority-owned bus . . .
The United States Small Business Administration (SBA) named M&T Bank (NYSE:MTB) the top lender to minority-owned businesses in Massachusetts for fiscal year 2023. M&T approved 42 7(a) loans during the SBA's fiscal year equaling more than $7 million, representing more than an eightfold increase from only 5 in 2022. Of the 42 loans, 18 were to minority-owned bus . . .