Blue Ridge Bank was included on the top 10 commercial lender list by the U.S. Department of Agriculture Rural Development. This accomplishment designates Blue Ridge Bank as one of the leading 2021 U.S. Department of Agriculture lenders by volume for its business and industry guaranteed loan program.
The list was revealed at the National Rural Lenders Association conference in Washington, D.C., in November. Blue Ridge Bank has provided more than $40 million in USDA loans for projects in rural communities in 2021. More than 180 commercial lenders have partnered with the USDA to invest more than $1 billion in rural communities and businesses.
“Blue Ridge Bank is dedicated to helping rural businesses obtain the needed capital to grow and create jobs in their local communities,” Brian K. Plum, president and CEO of Blue Ridge Bank, said. “USDA’s loan programs empower businesses to take advantage of assistance for projects while creating jobs and stimulating rural economies.”
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