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Holiday Closure: Labor Day – Monday, September 7, 2026
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Article Contributor:
Jonathan Dolphin
President at 21st Century Bank
21st Century Bank Receives SBA 504 Award at TCM’s Annual Meeting
Twin Cities Metro Certified Development Company (TCM) recognized 21st Century Bank for their exceptional SBA 504 originations, which were packaged by TCM during the 2023 fiscal year that ended on September 30, 2023. This marks the seventh consecutive year 21st Century Bank has taken the top spot for originations in partnership with TCM.
“Thank you for attending our annual meeting and awards presentation in October. It was great to see a strong representation from 21st Century Bank! I appreciate your strong support of the 504 program and TCM. You have the unique blend of serving your borrower while keeping the bank’s goal in mind while adhering to the ever-expanding complex SBA rules. You guys are our best customers year in and year out. Perhaps even more important, you are a pleasure to work with. This has made me truly appreciate the partnership we enjoy with you,” said Sheil Nelson, Senior Loan Officer, TCM.
"Sheil Nelson and I have worked on SBA 504's for over 20 years. His passion for the program and deal skills are amazing! Additionally, hats off to Debby Gustafson, Michael Kinderman, Rachel Edgar, Terrie Ortloff, and the rest of the TCM team who make working the SBA 504 program feel like a conventional loan. The 21st Century Bank team of Blair Oklobzija, Ryan Sundeen, Michael Ostergren, Todd Klingl, Rich Bales, Gregg Klohn, and Jay Eull are all amazing to work with and are the primary reasons as to why 21st Century Bank is able to deliver the SBA 504 in so much volume and consistency year in and year out!"
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