August 13, 2020
By Bob Coleman
Editor, Movers & Shakers
Western Alliance Bank Hires Diane Gallion to Lead New SBA Enterprise Lending Group
Western Alliance Bank today announced the hiring of Diane Gallion to lead its newly formed SBA Enterprise Lending Group. In her new role, Gallion will be responsible for leading and growing the bank’s SBA 7(a) loan program across its regional banking divisions, including building a cross-regional team of loan originators. In addition, she will be responsible for developing and implementing an SBA technology business platform to streamline processes, create efficiencies and achieve SBA and regulatory compliance for 7(a) lending.
“I look forward to leading and growing our SBA 7(a) loan program, to help our small business clients grow and create jobs with the goal of becoming one of the top SBA lenders in our markets,” said Diane Gallion, who will lead the SBA Enterprise Lending Group from its Phoenix Headquarters. “We are fortunate enough to be in the position to grow our current team and I look forward to adding the necessary talent that will help us serve even more clients.”
“With Diane’s expertise and proven track record in leading and scaling multi-region SBA lending teams, along with technology investments to more efficiently process SBA 7(a) loan requests, Western Alliance Bank is well-positioned to meet the needs of our business customers throughout our markets,” said Michael Cunningham, senior managing director.
Bank of Southern California Provides PPP Loans for 2,843 Small Businesses Totaling $496.5 Million
Bank of Southern California, a community business bank headquartered in San Diego, reported today that it has funded a total of $496,514,956 in Paycheck Protection Program (PPP) loans. These results, which reflect all three rounds of government allocations of PPP funding, provided 2,843 local small businesses impacted by the Coronavirus (COVID-19) with vital financing. Together, these businesses were able to retain or restore jobs for 56,188 individuals.