Business awards: Week of Dec. 23

December 23, 2013 

Community Trust Bank has been honored with the Gold Lender Award by the United States Small Business Administration as Kentucky's top community bank SBA 7a lender in 2012-13. This is the fifth consecutive year the bank has received this award from the SBA. In the federal fiscal year 2012—13, Community Trust Bank funded 89 SBA loans for more than $16.89 million.

In Kentucky alone, the bank funded 77 loans totaling $10,263,700. Bob Watson of Versailles was, for the fifth consecutive year, Community Trust Bank's top SBA loan producer in total number of loans, with 19 for $670,800. Watson received a special Louisville Slugger bat engraved with his name as a five-time member of SBA's Kentucky All-Star Team. Larry Forester of Lexington had the second-highest number of SBA loans in the company with 11 for $1,935,850. Chris Castle of Lexington closed 10 loans for $3,499,800. Kristy Gross of Ashland closed eight SBA loans for $1,092,759. Brian Clark of Flemingsburg closed four SBA loans for $1,100,000. Willie Swatzell of Middlesboro closed an SBA 7a loan in Tennessee for $4,444,300, making him Community Trust's highest dollar performer for the fiscal year.

Fayette County Farm Bureau was honored as one of the five winners in the 2013 Kentucky Farm Bureau County Activities of Excellence program. All five recipients of the award were recognized during the Dec. 5 general session of KFB's annual meeting in Louisville.

The County Activities of Excellence competition identifies and honors outstanding, innovative programs or activities conducted at the county level that meet the overall goals of the organization. The program also encourages KFB members to share their ideas with others who might benefit or be able to replicate a successful program in their own county.

Fayette County Farm Bureau was recognized for hosting its annual farm machinery consignment auction as the main fundraiser for its college scholarship program. This volunteer-run event provides the largest market in the state for farmers to buy and sell used equipment at reasonable prices, and proceeds from the sale serve as the main source of income for the county's Education Foundation.

Since the inception of the sale in 1996, Fayette County Farm Bureau has awarded more than $460,000 in scholarships to 35 college students.

In addition to being honored by KFB, Fayette County Farm Bureau has also been selected by the American Farm Bureau Federation as one of just 24 counties in the nation to display its activity during the AFBF annual convention in San Antonio in January.

Compiled by Dorothea Wingo

Lexington Herald-Leader is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service