April 20, 2021
At Neighborhood National Bank, we are proud of our efforts to assist small businesses during these unprecedented times. Over the course of the past year, we funded 750 PPP first and second draw loans totaling over $75 million. As a small bank, we kept our focus on helping smaller businesses, with our average loan amount just under $100,000, our smallest loan being just over $2,000! From restaurants to manufacturers to service companies to non-profit organizations to self-employed individuals, we have been able to provide needed funds to keep thousands of people employed, and businesses open. The team at NNB has worked tirelessly to not only get these loans funded, but we have also received forgiveness for our customers on 61% of our First Draw loans, well above the industry average.
If you are looking for a business and community-focused community bank to help your business grow and succeed, we are here, ready to help.
Please contact SBA Manager Tom Welch at firstname.lastname@example.org or (619) 789-4440, or SVP Nora Seiba at email@example.com or (619)789-4211.
Scott R. Andrews
President & Chief Executive Officer
Neighborhood National Bank Announces New SBA Lending Group
San Diego, California - (October 30, 2018) – Neighborhood National Bank announced that it has hired an experienced SBA Lending Group, led by Thomas Welch, SBA Manager. Mr. Welch has a 30-year career in Small Business Administration (“SBA”) lending, 39 years in the banking industry, and has been manager of SBA lending at four Southern California community banks, prior to joining Neighborhood National Bank recently. Joining Mr. Welch is Tammy DeWitt, Senior Underwriter and Adrienne Smith, SBA Loan Processor... see more
Neighborhood Bancorp Announces Completion Of $2.9 Million Capital Raise
San Diego, California - (October 24, 2018) – Neighborhood Bancorp announced it has completed a capital raise of $2.9 million that was oversubscribed among directors, officers and existing shareholders, along with a significant investment by an experienced local community bank investor. The capital was raised without the assistance of any investment bankers and was done at nominal costs to Neighborhood Bancorp for a stock valuation assessment only... see more
Neighborhood National Bank Announces Scott R. Andrews as President & CEO
San Diego, California - (October 18, 2018) – Neighborhood National Bank announced that Scott R. Andrews has been appointed as the President & CEO and Director of Neighborhood National Bank and Neighborhood Bancorp. Mr. Andrews is an experienced community bank chief executive officer with a banking career spanning over 42 years...see more