SBA loan marketplace and bank enabling technology platform SmartBiz Loans has appointed Ann Marie Mehlum to its board of directors.
Ms. Mehlum has three decades of community banking experience which includes founding Oregon’s Summit Bank and officer positions at several more banks on the West Coast. She was an associate administrator at the SBA’s Office of Capital Access where she directed the 7(a) general business loan guarantee program, the 504 program for real estate and long term asset financing, and micro loan offerings. FDIC chairman Martin Gruenberg appointed Ms. Mehlum to the FDIC Community Bank Advisory Board and she also served on the Oregon Growth Board and the U.S. Department of Treasury’s Community Development Financial Institutions Advisory Board.
“With her decades of experience both at the SBA and in the broader banking industry, Ann Marie represents the addition of invaluable expertise and guidance to the company’s board of directors,” SmartBiz Loans CEO Evan Singer said. “We rely on our board to bring experience-based ideas and insights to SmartBiz, and having led a variety of innovative programs during her time at the SBA, we are confident that Ann Marie will add exponential value to the company’s innovative culture.”