Eight counties | 36 cities | one region

ST. JAMES—The Missouri Bank was honored as the Lender of the Year by the Meramec Regional Development Corporation (MRDC) for its partnership efforts to bring jobs and private investment to the Meramec Region.  Kathy Schlottach-Brandt, with the Hermann branch, accepted the award at Meramec Regional Planning Commission’s (MRPC) 2019 Annual Dinner Oct. 24 at Stonebrooke Center, Waynesville, MO.  Tim Seams, vice-president of MRDC, made the presentation.

The Missouri Bank and MRDC partnered on financing for the expansion of Espresso Laine, in downtown Hermann. The project created and retained 14 jobs and generated nearly $155,000 in new investment for this coffee and gift shop.

The Missouri Bank is an independently-owned and operated community bank with four locations primarily serving Gasconade, Warren and St. Charles counties. It was established in 1939 and works to deliver high quality customer service that meets the needs of its community, its businesses and its citizens.

MRDC, an SBA Certified Development Company, partners with local banks to provide gap financing for the SBA 504 program. MRDC also serves as a loan review board for MRPC – owned revolving loan funds. MRPC provides the staffing for MRDC.

For more information on MRPC’s small business loans program, contact Maria Bancroft at 573-265-2993 ext. 114 or at mbancroft@meramecregion.org.

Formed in 1969, MRPC is a voluntary council of governments serving Crawford, Dent, Gasconade, Maries, Osage, Phelps, Pulaski and Washington counties and their respective cities. Marvin Wright is the chairman of the board. A professional staff of 25 offers technical assistance and services, such as grant preparation and administration, housing assistance, transportation planning, environmental planning, ordinance codification, business loans and other services to member communities.

To keep up with the latest MRPC news and events, visit the MRPC website at www.meramecregion.org or on Facebook at www.facebook.com/meramecregion/.

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Cutline: MRPC Chairman Larry Miskell presents The Missouri Bank with the Lender of the Year accepted by Kathy Schlottach-Brandt along with Tim Seams, vice president of the Meramec Regional Development Board and MRPC Board Vice Chairman Steve Vogt.