Mitchell Blue of Traverse City State Bank named EDF Lender of the Year

Grand Rapids, Michigan - Economic Development Foundation (EDF) is pleased to announce Mitchell Blue, Assistant Vice President, Commercial Lending, SBA Product Manager at Traverse City State Bank, has been awarded their “Small Business Administration (SBA) 504 Lender of the Year”. This award is given annually to a lender that shows leadership and resourcefulness by working closely with small businesses to help them finance fixed assets through the SBA 504 program.

Mitchell was awarded this honor by partnering with EDF on SBA 504 loans throughout 2010 that assisted small businesses to create and retain jobs in Michigan. “We need bankers like Mitchell that help the State of Michigan back to economic recovery by lending money to small businesses that are expanding”, EDF President Sandy Bloem said during the presentation at the Michigan SBA Lenders Conference in Lansing on March 31, 2011.