The American Momentum Bank, a designated “SBA Preferred Lender,” that is chartered in Texas, established its SB Lending Divison in Tampa back in 2016 and has grown the division to a total of $13.83 million in annual SBA loan production in 2017 and has grown to $41.63 million in 2021 – making an increase of 201% in five years.
With the growth in SBA lending, The American Momentum Bank hired SBA lending veteran, Mark Urbaniak, as the new SBA Credit Administrator. This hire will be a critical component of further strengthening the leadership team as the community bank embarks on the national expansion of Tampa Bay.
His new role will provide:
- Credit management and leadership
- Loan underwriting
- Pre-screening support,
- Specific credit support for SBA business development officers
- Loan portfolio management
- Training and policy and procedures oversight.
Prior to joining American Momentum, Urbaniak served as Senior Vice President, SBA Credit Administrator II at South State Bank, previously known as CenterState Bank. He also worked for Valley National Bank, Pilot Bank, Progress Bank of Florida, New South Federal Savings Bank, and other financial institutions.
“I have grown with two other SBA departments in the area,” Urbaniak said. “This position with American Momentum is an opportunity to play a guiding role in the SBA lending process and work with a solid team to help the SBA department grow nationally.”
About American Momentum Bank
American Momentum Bank, a Texas-chartered banking association with total assets of $2.7 billion as of Dec. 31, 2021, provides comprehensive products and services for businesses and individuals. American Momentum Bank has 18 full-service banking centers in Texas and nine full-service banking centers in Florida. American Momentum Bank’s strong capitalization, superior asset quality, and experienced management teams position it as one of the premier banks in each state.
Visit www.americanmomentum.bank to learn more.