BDC & CDC Annual Meeting Bank Awards

Rick Saunders, First Reliance Bank
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The annual meetings for Business Development Corporation (BDC) and Certified Development Corporation (CDC) were held on May 5 at the Marriott Hotel in downtown Columbia.

Recognized for their excellent performance in 2021 at the combined luncheon of BDC and CDC were:

Greatest Number of SBA 7(a) Loans Approved in 2021 for BDC:
First Reliance Bank

Greatest Number of SBA 504 Loans Approved in 2021 for CDC:
First Community Bank

SC CAP Top Participating Lender Award for 2021:
First Citizens Bank

SC SSBCI Loan Participation Top Participating Lender Award for 2021:
South State Bank

BDC Outstanding Service:
J. Banks Scarborough 45 years

BDC/CDC Outstanding Service Award:
Sherwood Cleveland 50 years

BDC/CDC Outstanding Service Award:
Sherri Scearce 20 years

SBA Top Lender of the Year Awards for 2021 for Dollar Amount and the Number of Loans Approved in South Carolina was presented to Certified Development Corporation:
Award presented to Sherri Scearce, Rob Evans and Julie Mele

Awards presented by Edwin Lesley, Board Chairman, BDC.