Redwood CU Forms SBA Alliance
SANTA ROSA, Calif. -- The $1.8 billion Redwood Credit Union is now a Small Business Administration lender.
The new designation adds to the $1.8 billion credit union's suite of small business services. To help accommodate members, Redwood has hired Jason Ehn as its SBA loan officer. Ehn previously served as vice president of small business lending at Tamalpais Bank and has prior lending experience at Summit State Bank and Sonoma National Bank, according to the credit union.
"The SBA programs allow us to serve small businesses who might not otherwise qualify for traditional loans, so that they can build their businesses and prosper," said Michael Downey, vice president of business services at Redwood.
The credit union serves more than 143,000 members.