Home > Listing > Hot 100 > Company Details
Entrepreneru Magazine's Hot 100 Fastest-Growing Busisnesses
#
44

Haven Trust Bank

Bank


Company Details
Location: Duluth, GA
Founders: Mike Patel, 47, R.C. Patel, 49, Bobby Patel, 57, Sumant Patel
Year Started: January 2000
Turned a Profit: 2002
2007 Sales: $36.1 million

Number of Employees:
Day 1: 8
2007: 69
2008: 76*

* Projected by 2009
Company Background
Haven Trust Bank has been consistently ranked as one of the top performing banks in the Southeast. Haven Trust Bank is one of the premier SBA lenders in Georgia--and we are among a select group of banks rated by the SBA as a “preferred lender,” which means that the decision time for a loan of up to $2 million can be as fast as two days. Our broad customer base includes all facets of the area's general business community and small business owners.Our total assets at the end of 2007 were $505 million, a 35 percent increase from 2006. Total loans were $421 million in 2007 and total deposits were $426 million. Our net income for 2007 was $5.985 million.
Marketplace

Learn how to distribute a press release

Try our new online printing. theupsstore.com/print
Today on Entrepreneur

Sign Up for the Latest in:
e-Business & Technology
Franchise News
Business Book Sampler
Starting a Business
Sales & Marketing
Growing a Business

E-mail*
Zip Code*