SBAC Announces Tyrone Baker's Retirement and Replacement by Tom Butler

SAVANNAH, Ga. - June 26, 2023 - PRLog -- Mr. Tyrone Baker, Business Closing/Servicing Officer at Small Business Assistance Corporation (SBAC), will be retiring on June 30, 2023. Starting off as a loan officer, Baker's ability to perform exceptionally throughout the lending process, especially with post-loan activities, opened the opportunity for him to transition into a manager. Appointed by Tony O'Reilly, President, to oversee and manage the post loan activities, Baker helped to develop the Servicing Department that currently functions today.

"For 28 years, Tyrone has been an integral part of SBAC. His accounting background and attention to detail made him an invaluable team member and servicer to our small business clients. We are grateful for his dedication and assistance in the growth and success of the organization," says O'Reilly.

Baker's role is being filled by Mr. Tom Butler who will serve as the new Portfolio and Servicing Manager. "Tom is a long-time advocate and volunteer with SBAC, so he is no stranger to the organization's mission", states SBAC's COO/CFO, Victoria Saxton. "SBAC is proud to have Tom on board as his commitment to excellence makes him a valuable addition to the team. His expertise will help us continue providing great service to our clients and achieve our goals as a growing company." Butler brings over 30 years of professional banking experience served throughout the Savannah region.

Learn more about SBAC's Loan Products and Services here: https://sbacsav.com/our-services/ (https://sbacsav.com/our-services/%20)

About the Small Business Assistance Corporation

Established in 1989, the Small Business Assistance Corporation (SBAC) is a nonprofit lender that provides financing support for small businesses. SBAC is a Community Development Financial Institution (CDFI), certified by the U.S. Department of the Treasury. SBAC is also a Certified Development Company (CDC) licensed by the U.S. Small Business Administration (SBA) and contracted by the U.S. Department of Agriculture (USDA), Georgia's Department of Community Affairs (DCA) and the City of Savannah, to promote small business development through financing and technical assistance. It offers a wide variety of loan programs for new and existing businesses in Savannah and throughout Southeast Georgia and the South Carolina Lowcountry. For more information on the Small Business Assistance Corporation, visit sbacsav.com.