Helping Small Business Fuel the Economy
Whether you work for a small business or rely on one for the things you need, we all understand the critical role that startups and expanding businesses play in our communities and our lives. That’s why we continue to do everything we can to partner with entrepreneurs and small business owners. These stories highlight local lending and investing, personal ingenuity, and a passion to create and retain jobs and offer new products and services. We hope they remind you of what we can achieve together.
Jun 28, 2012
In 1998, Chris Mittelstaedt was working in an entry level position at a high end hotel in San Francisco. With a desire to accomplish more both professionally and personally, he launched the ‘FruitGuys®,’ a company dedicated to providing fresh fruit, or “nature’s candy” as an alternative to junk food and other unhealthy snack options to local business people. … learn More about How One Company is Providing Healthy Eating Options to Businesses and Communities Around the US
Sep 04, 2012
In 2003, Darius, Susan and Dara Mir, the owners of 9to5 Seating, were at a critical decision point. Although the economy was soft, 9to5, a manufacturer of office furnishings, had seen strong demand for its office seating, helped by orders from office superstores and warehouse clubs like Costco and Staples… learn More about Family-owned 9to5 Seating adopts a growth strategy, creating jobs with its contract chair business
Jul 16, 2012
The economic crisis that hit Detroit in 2008 had a surround sound impact. The auto industry collapsed, crime increased, and residents fled. For those who stuck around the ‘Motor City’ the availability and accessibility of corner markets and grocery stores - among other critical staples for living - diminished… learn More about From farm to table, revitalization and conviviality in Detroit
Jul 05, 2012
In a busy region like Eastern Massachusetts, many residents look to EasCare, a locally-owned and operated ambulance company, for high quality medical care transportation with a personal touch… learn More about Skilled care with a local, personal touch in Boston
Jul 16, 2012
For 128 years, Ganahl Lumber has been supplying lumber, plywood, hardware and other building materials to construction projects throughout California. And much of their expansion—they currently have nine retail stores and a distribution center— has been financed with the help and advice from their team at Bank of America… learn More about Helping the oldest lumberyard in California expand to nine locations
*$17.7 billion in new credit to small businesses in 2011 (includes both new originations and renewals).