Mississippi News

Citizens National Bank Achieves SBA Preferred Lender Status

Citizens National Bank (CNB), a leading Mississippi-owned community bank, proudly announced today its designation as a Small Business Administration (SBA) Preferred Lender. This prestigious status empowers CNB to significantly streamline the loan approval process, offering small businesses faster, more efficient access to the vital capital needed for growth and expansion.

The SBA’s Preferred Lender Program (PLP) selects financial institutions based on a proven track record of successful SBA loan management and adherence to rigorous performance standards. For CNB customers, this means reduced turnaround times and less red tape when applying for SBA-backed loans.

“Being recognized as an SBA Preferred Lender is a tremendous milestone for Citizens National Bank and, more importantly, for the small businesses we serve,” said Walter Dyminski, senior vice president and SBA manager for Citizens National Bank. “This designation allows us to expedite approvals and deliver a more efficient experience for our customers. Time is critical for business owners, and we’re proud to offer a process that helps them move forward faster.”

By leveraging the PLP status, CNB combines its deep SBA expertise with local, hands-on decision-making. This enables the bank’s team to provide tailored financing solutions that meet the unique challenges faced by local entrepreneurs, helping them achieve their business goals with greater speed and confidence.

Citizens National Bank, celebrating 137 years of service, remains committed to promoting economic growth as a certified Community Development Financial Institution (CDFI). With assets exceeding $\$1.8$ billion and a growing presence across Mississippi, CNB’s Preferred Lender status underscores its dedication to supporting the financial health of the state’s small business sector.

Bob Bakken

Bob Bakken provides content for DeSoto County News and its social media channels. He is an award-winning broadcaster, along with being a reporter and photographer, and has done sports media relations work with junior and minor league hockey teams. Along with his reports on this website, you will find this veteran media member providing sports updates on Rebel 95.3 FM Radio.