U.S. Senator Chris Coons, Small Business Administration District Director Tony Leta, representatives from the Delaware Economic Development Office, and leaders from the First National Bank of Wyoming gathered Monday to congratulate Lori Llewellyn, owner of Landscape Consulting Services, on securing $33,000 in SBA loans. The company, located in Wyoming, Delaware, will put the money toward hiring more employees and buying equipment. This is the first SBA loan issued by the First National Bank of Wyoming.
"As a bank with deep roots in the community, the First National Bank of Wyoming is exactly the kind of local institution we want lending to our small businesses," Senator Coons said. "Small Business Administration loans, like the one secured by Landscape Consulting Services, are how our state will continue to grow its way out of this recession. We need to continue to give small business owners the tools to hire more employees, buy equipment and grow their businesses."
Landscape Consulting Services developed a software program that comes up with three-dimensional projections for landscaping designs that evolve to show how the landscaping will mature over time. The two medium-sized loans given by the First National Bank of Wyoming were in the amounts of $28,000 and $5,000.
"The First National Bank of Wyoming has a rich history with its roots in true Main Street banking since 1909," said Joe Chippie, President of The First National Bank of Wyoming. "Our local leadership, local board, and local employees understand Central Delaware and will continue to provide affordable banking options for our customers. Simply put, we are a Delaware bank with a Delaware focus."
"We are excited to have First National Bank of Wyoming take advantage of SBA's lending programs to assist small businesses in Delaware," said SBA District Director Tony Leta. We look forward to expanding our relationship with First National Bank of Wyoming going forward."
The SBA was created in 1952 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. Through an extensive network of field offices and partnerships with public and private organizations, SBA delivers its services to people throughout the United States, Puerto Rico, the U.S. Virgin Islands and Guam.