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Nov 4, 2025 8:10 AM

Phoenix Lender Services Facilitates Record $325 Million in SBA and USDA Loan Closings in First Full Year of Operations

LAGRANGE, Ga., Nov. 04, 2025 (GLOBE NEWSWIRE) -- Phoenix Lender Services ("Phoenix"), a subsidiary of Community Bankshares Inc. ("CBI"), announced today that it facilitated more than $325 million in SBA and USDA loan closings during its first full fiscal year in operation, marking one of the most successful inaugural performances in the history of government-guaranteed lending.

Through its partnerships with Community Bank and Trust - WGA (also a wholly owned subsidiary of Community Bankshares, Inc.), Phoenix facilitated the origination and underwriting of $210 million in SBA 7(a) approvals and $156.8 million in funded loans, earning the platform a #34 national ranking among all SBA lenders as of September 30, 2025.

In parallel, Phoenix successfully facilitated an additional $168.2 million in USDA-guaranteed financings, advancing high-impact projects spanning rural community development, renewable energy infrastructure, hospitality ventures, and logistics operations across more than a dozen states, fueling job creation and investment in rural -- underserved markets.

Furthermore, in its infancy Phoenix Lender Services already manages a $901 million servicing portfolio, encompassing every facet of loan and investor management. Its Construction Servicing Department ...