Central Bank opens new SBA office in Centerville, MN


Central Bank is pleased to announce that it has received SBA Preferred Lender status and opened a new Loan Production Office in Centerville, MN to serve the greater Twin Cities Metropolitan Area small business community. The office will predominately serve small businesses in conjunction with the Small Business Administration (SBA) to provide enhanced access to more flexible financing options for small businesses. John Kimball, Senior Vice President of SBA Loan Operations at Central Bank will oversee operations at Central Bank’s new SBA Office.

“I’m excited to join Central Bank and to oversee operations at the new SBA Loan office,” said John Kimball. “As a Preferred Lender with the Small Business Administration, we make the SBA Loan process fast and simple. Our experienced SBA team members, with many years of experience and $100’s of Millions of SBA loans under their belts, know how to get a deal done and can answer all of your SBA loan questions.”

John has over 25 years of experience in banking, small business lending and technical assistance to area small businesses.

“We are excited to expand our small business lending operations in Minnesota and Wisconsin,” said Larry Albert, CEO of Central Bank. “Our new SBA Loan Production Office will allow us to better serve the needs of small businesses with more flexible financing options designed to help grow small businesses and create new business relationships.”

Central Bank currently has 21 locations serving the greater Twin Cities Metropolitan Area in Minnesota & Western Wisconsin and Southwest Florida, with assets totaling $1.2 billion. Central Bank is widely recognized as a financially strong organization committed to community banking.