Hanover, MA - December 10, 2021 - Rockland Trust has been recognized as the 2021 number one lender to Minority Entrepreneurs by the Massachusetts office of the U.S. Small Business Administration (SBA). Rockland Trust is committed to supporting local business owners in achieving their goals, and in fiscal year 2021, 41% of the Bank’s total SBA loans went to minority-owned businesses.
“It is critical that all small businesses have access and opportunity and can benefit from the American Dream of entrepreneurship,” said SBA Massachusetts District Director Robert H. Nelson. “That’s why the work achieved by Rockland Trust is so important. As we continue on the road to recovery, the SBA and the commitment from our lenders make a profound difference in ensuring small minority-owned businesses have fair access to capital.”
“Throughout the pandemic, our exceptional team has worked tirelessly to provide support and resources to all businesses in need,” said Robert Cozzone, Chief Operating Officer and Executive Vice President of Retail and Business Banking at Rockland Trust. “We continue to be inspired by the perseverance of our local entrepreneurs and honored to work alongside them. This recognition is validation that the relationships we have built have been impactful, and we are grateful to our business customers for their continued confidence and trust.”
Rockland Trust is a proud participant in the SBA program and has been a Preferred Lender of the SBA for over 30 years. SBA loans are intended to help businesses that may not qualify for conventional loans get the funds they need to start, grow, and expand. In addition to its own recognition, Rockland Trust congratulates all of the SBA lender award winners for 2021.