Bank of the Pacific Receives SBA Preferred Lender Status

ABERDEEN, Wash., April 9, 2014 (GLOBE NEWSWIRE) -- Bank of the Pacific, the subsidiary of Bank of the Pacific Corporation (OTCQB:PFLC), today announced it has been named a Preferred Lender with the U.S. Small Business Administration ("SBA"). The Preferred Lenders Program ("PLP") is part of SBA's effort to streamline the procedures necessary to provide financial assistance to small businesses. PLP lenders are approved based on their past record with the SBA and must have demonstrated a proficiency in originating, processing and servicing...