SBAC Hosts Annual Holiday Luncheon, Honoring Achievements and Award Recipients

SAVANNAH, GA, December 5, 2024

Highlighting SBAC’s year-end activity included funding 82 small business loans totaling over $13.5 Million with projects sizes over $30.6 Million, with support from business and banking partners. The organization received over $2.8 Million in grant funding and provided several educational workshops to business owners throughout the year. SBAC also issued 28 business scholarships totaling nearly $28,000 to its clients reinforcing its commitment to economic growth and entrepreneurship.

SBAC’s 2024 award recipients included:

• T. McCoy Cornerstone Award – Sandra Collins, Executive Assistant, Curtis V. Cooper Primary Health Care
• Lender of the Year – Abby Goodwin, Vice President of Commercial Banking, Queensborough Bank and Trust Co.
• Micro Business of the Year – Be Smart Home Solutions
• Michael Bunn, Sr. Memorial Rising Star Award – The British Pie Company
• Tony O’Reilly SBAC Advocate of the Year – Marjorie Young, President and CEO, Carriage Trade Public Relations.

Reflecting on the event, SBAC’s President, Victoria Saxton shares, “Our Annual Luncheon is a celebration of the collective efforts that drive SBAC’s mission forward and a time to honor those who make a tangible difference in the small business community.”

For more information on the Small Business Assistance Corporation and to access the 2024 SBAC Annual Report, here: https://sbacsav.com/sbac-2024-annual-report/

SBAC is an equal opportunity lender, provider, and employer.

About the Small Business Assistance Corporation

Established in 1989, the Small Business Assistance Corporation (SBAC) is a nonprofit lender that provides financing support for small businesses. SBAC is a Community Development Financial Institution (CDFI), certified by the U.S. Department of the Treasury. SBAC is also a Certified Development Company (CDC) licensed by the U.S. Small Business Administration (SBA) and contracted by the U.S. Department of Agriculture (USDA), Georgia’s Department of Community Affairs (DCA), and the City of Savannah to promote small business development through financing and technical assistance. It offers a wide variety of loan programs for new and existing businesses in Savannah and throughout Southeast Georgia and the South Carolina Lowcountry.

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