The Bank Slate


Integro in Phoenix approved for 7(a) lending

Integro Bank in Phoenix is now an approved lender for the Small Business Administration’s 7(a) program.

The $26.6 million-asset de novo said in a press release that it already has a six-person SBA team in place. The group, which can also make 504 loans, has the ability to lend up to $300 million.

“We are excited to provide small businesses with loans to fund growth, business expansion and real estate purchases,” Kendra Vincenty, the bank’s director of government lending, said in the release.

Separately, the bank said that Lee Kroll had become its chief financial officer. Kroll, who previously led IBM’s North America finance and accounting practice, succeeded Tom Reed, who retired.

Leave a Reply

Your email address will not be published. Required fields are marked *