December 11, 2020
Coleman 2020 Lender Professional Awards – 504, Rural, and BDO
SBA 504 Lender of the Year
Congratulations to Coleman’s SBA 504 Lender of the Year, Ross Pancoe!
“Ross has accomplished much in the world of SBA 504 lending so early in his career,” says Jim Conroy, incoming president of Pursuit CDC “ He matches competence with dogged determination which is critical in achieving results.”
In the Spring of 2020, Ross Pancoe, a Senior Vice President and Market Manager at Pursuit CDC, was processing PPP loans on a 7-day a week work schedule. At the same time, he was able to coordinate 16 SBA 504 loan closings in time for the customers to obtain six months of payment relief from SBA through the CARES Act. Overall, fiscal year 2020 was a banner year for Pancoe, as he closed more than $25 million in loans, primarily leveraging the SBA 504 loan program.
In addition to his work with Pursuit CDC, Pancoe serves as an advisory board member for the Southern Saratoga YMCA, as a board member for the Risk Management Association (RMA) Empire Chapter, and is a member of the loan advisory committee for the North Country Alliance.
Coleman’s Rural Small Business Lender of the Year
Congratulations to Coleman’s Rural Small Business Lender of the Year, Tammy Youst!
As the President and Director of the SBA & USDA Department at Centennial Bank, Tammy Youst is responsible for the management of the SBA & USDA Programs, including origination, closing, servicing, and liquidation.
“ I have been an SBA professional for over 20 years. It has been a challenging but rewarding experience,” says Youst. “I love what I do, and I enjoy the experience of watching our SBA customers get the assistance they need and support they require.”
When the pandemic hit, Youst went above and beyond to ensure rural small businesses had the capital they needed to survive. Along with her team, Youst uploaded over 8,000 PPP applications while still maintaining a normal level of standard SBA and USDA applications.
Coleman’s Business Development Officer of the Year
Congratulations to Coleman’s Business Development Officer of the Year, Stephanie Schwandt!
Stephanie Schwandt has been helping small businesses for over 30 years with SBA and commercial loans. Her background in all aspects of commercial banking, as well as her personal experiences in family-owned businesses, give her a unique understanding of the needs of small business owners.
Schwandt specializes in financing business acquisitions, commercial real estate purchases, construction and refinances, partnership buyouts, equipment purchases, and medical professionals. She is especially skilled at structuring financing to best meet the business needs of her clients.
“Recently she closed a 5 million equipment loan and shortly after the closing her borrower aged 57 died of COVID,” says Vinny Muratore, President of the SBA Division at Stone Bank. “She was there for their family and our bank. She worked on the insurance solutions and assisted the family with the takeover and success of the existing business.”