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Fleet earns national SBA honor

Fleet National Bank, a part of FleetBoston Financial, was named the No. 1 SBA lender in the nation by the U.S. Small Business Administration. Locally, Fleet ranks second after M&T Bank, the latest SBA figures show.
Small-business banking is Fleet’s highest priority, company officials said. The category has yielded nearly $1 billion in revenues this year with more than 400,000 customers.
Fleet has $9 billion in total small-business deposits, $4 billion in total loan commitments and is the 11th largest small-business lender nationwide.
The Boston-based bank is trying to spread the word of its national honor by touring Upstate New York with a “wrapped” bus filled with the bank’s management team. It is traveling to Rochester, Albany, Buffalo, Schenectady and Syracuse today.
The Small Business Xpress Tour 2000 is expected to travel through the bank’s seven-state, small-business services footprint. It will meet community representatives, government officials, local business owners and more than 3,000 employees. Locally the bank has 25 branches and roughly 500 employees.

Fleet earns national SBA honor

Fleet National Bank, a part of FleetBoston Financial, was named the No. 1 SBA lender in the nation by the U.S. Small Business Administration. Locally, Fleet ranks second after M&T Bank, the latest SBA figures show. Small-business banking is Fleet’s highest priority, company officials said. The category has yielded nearly $1 billion in revenues this year with more than 400,000 customers.

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