Paragon Commercial Bank To Host White House Business Roundtable With Eugene Cornelius, Jr
Small Business Administration Deputy Associate Administrator For Field Operations To Discuss Affordable Care Act's Impact On Small Business.
- Raleigh-Durham-Chapel Hill, NC (1888PressRelease) March 23, 2012 - Paragon Commercial Bank (http://www.paragoncommercial.com), North Carolina's first business-only bank, has announced that Eugene Cornelius, Jr., Deputy Associate Administrator for Field Operations for the U.S. Small Business Administration, will meet with Triangle business leaders and officials at a roundtable discussion Thursday, March 22 at 12 p.m. at Paragon's corporate headquarters, located at 3535 Glenwood Ave. in Raleigh. The invitation-only roundtable event, which will address how the Affordable Care Act will benefit small businesses, is part of a series organized by the White House Business Council and Business Forward.
As Deputy Associate Administrator for the Field Operations for the U.S. Small Business Administration, Cornelius is responsible for management and oversight of over 90 offices covering all 50 States, Puerto Rico, U.S. Virgin Islands, Guam and U.S. Territories. In addition to his current role, he previously served as SBA District Director for Louisiana, where he served as the Agency's point of contact during Hurricane Katrina.
QUOTES:
"The roundtable series put together by the White House Business Council and Business Forward provides a terrific opportunity for Triangle business leaders to have their voice heard at the highest levels of federal government," said Bob Hatley, Paragon Commercial Bank president and CEO. "It is an honor for Paragon to host this discussion about how the Affordable Care Act might affect businesses in the Triangle community."
DETAILS:
- Media members are invited to attend the introduction, and Cornelius and Hatley will be available to the media for interviews. The roundtable portion of the event is closed to all media.
- Cornelius was appointed as Deputy Associate Administrator for Field Operations for the U.S. SBA after serving as the Acting Regional Administrator for Region III that covers Delaware, Pennsylvania, Maryland, Virginia, West Virginia and the District of Columbia. Cornelius has served the SBA in numerous capacities prior to this appointment beginning in 1999 as the District Director for the Michigan District Office. After graduating from the Senior Executive Service (SES) Training Program in 2002, he served as the agency's Chief Procurement Officer and as the Associate Administrator for 8(a) Business Development in SBA's national headquarters.
- Mr. Cornelius is a trained Federal Acquisition (Level 3) Senior Project Manager and is nationally certified as an Associate in Risk Management (ARM). He holds a Bachelor's degree in Business Administration and a Master's degree in Public Administration. In addition, he has professional designations in Economic Development and Urban Planning.
- A Chicago native, Mr. Cornelius is a life member of Alpha Phi Alpha fraternity, Inc.
ABOUT THE U.S. SMALL BUSINESS ADMINISTRATION:
SBA helps develop thousands of small businesses each year by providing access to start-up and expansion capital, counseling, training, surety bonding, business and home disaster mitigation loans and government contracting opportunities. Region IV is consistently among the top three most active regions in the nation for SBA guaranteed lending programs. In 2010, over 160,000 small business loans were approved in the region.
ABOUT BUSINESS FORWARD:
America's largest and most respected companies are working with Business Forward to bring more business leaders into the policymaking process, reaching thousands of entrepreneurs, venture capitalists, senior executives and small business owners through a series of briefings and roundtable discussions. Business Forward partners in 45 cities are currently working with more than 150 senior Obama Administration officials, current and former governors, Members of Congress, and other local elected officials.
ABOUT PARAGON COMMERCIAL BANK:
Founded in Raleigh, N.C. in 1999, Paragon Commercial Bank is North Carolina's first business-only bank. Paragon Commercial Bank provides banking products and services tailored exclusively to the needs of small and middle-market companies, their executives and high net worth individuals. The bank's business focus includes operating companies in a wide range of categories, professional firms and nonprofit organizations. Headquartered in Raleigh, the bank expanded to open a location in Charlotte, N.C. in 2006. For more information, visit http://www.paragoncommercial.com.
Information in this press release contains "forward-looking statements." These statements involve risks and uncertainties that could cause actual results to differ materially, including without limitation, the effects of future economic conditions, governmental fiscal and monetary policies, legislative and regulatory changes, the risks of changes in interest rates, and the effects of competition.
Jake Potter
MMI Public Relations
(919) 233-6600
jake ( @ ) mmipublicrelations dot com
http://www.twitter.com/MMIPR
http://www.mmipublicrelations.com
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