Community Bank of Nevada Finances Small Business Administration's 'Small Business Person of the Year'.LAS VEGAS -- Community Bank of Nevada, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Community Bancorp (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CBON), congratulates long-time bank customer Tammy Mathews, owner of Puppy Enterprises Dog Salon & Bakery and Small Town Dog Vacation Villas. Mrs. Mathews has the great distinction of being named the Small Business Administration's "Small Business Person of the Year" for the entire state of Nevada. In 2002, Community Bank of Nevada helped Mrs. Mathews start her business with a $50,000 SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government loan, and Puppy Enterprises now has a customer base of over 1,000 clients and projected gross sales Gross Sales A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge. of nearly $1 million. Community Bank of Nevada is also sponsoring Tammy Mathews to attend the SBA's National Small Business Expo in Washington D.C., where she will compete at the national level. "It is very rewarding when we see our customers succeed, especially when we helped them get their initial start," said Executive Vice President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , Bruce Ford. "Every day Community Bank of Nevada helps people start businesses to achieve a dream or financial goal by providing products through our SBA programs. As an SBA Preferred Lender, Community Bank of Nevada can help other small businesses who need anything from financing a business expansion, equipment, a franchise, their medical or law practice, construction, even a partner buyout or a real estate purchase." About Community Bancorp Community Bancorp is a bank holding company headquartered in Las Vegas, Nevada, with two operating bank subsidiaries: 1) Community Bank of Nevada, and 2) Community Bank of Arizona. Community Bank of Nevada is a Nevada state chartered bank providing a full range of commercial and consumer bank products through twelve branches located in the greater Las Vegas area and two loan production offices in southern California and Arizona. Community Bank of Arizona (formerly Cactus Commerce Bank) is a single full-service branch located in Glendale, Arizona, which was acquired in September 2006. We provide commercial banking services, including real estate, construction and commercial loans and SBA loans, to small- and medium-sized businesses. For more information about Community Bancorp, visit our website at www.communitybanknv.com. Member FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). , Equal Housing Lender The terms Equal Housing Lender and Equal Opportunity Lender are synonymous and refer to all FDIC insured banks in the United States. Such banks are prohibited from discriminating on the basis of race, color, religion, national origin, sex, handicap, or familial status. , SBA Preferred Lender |
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