FLEMINGTON, N.J. - Prestige Financial Corp., the holding company for Prestige State Bank, said the U.S. Small Business Administration has approved its request to act as an SBA preferred lender in Pennsylvania and New York territories overseen by SBA district offices in Philadelphia, Pittsburgh, Buffalo, and Syracuse.

Preferred lender status allows a bank to make SBA-guaranteed loans without first clearing them with the agency. Prestige State Bank has been a preferred lender in New Jersey since 1994.

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