May 1, 2019, (Salt Lake City) – Mountain West Small Business Finance (MWSBF), Utah’s largest SBA lender, also operating throughout Wyoming and the mountain west, announces changes to their leadership structure, effective Wednesday, May 1, 2019.
Danny Mangum has been promoted to chief operating officer. In his new capacity, Mangum will have oversight for the following departments: human resources and administration, budget and finance, and loan closing. He will continue with his current loan officer duties until MWSBF’s CEO Scott Davis retires (Spring 2020), at which time Mangum will then transition more fully to additional responsibilities in loan review and business development.
“Danny has been a top producer for Mountain West since he joined us almost a decade ago,” John D. Evans, Mountain West president explained. “His enthusiasm for business development, breadth of knowledge regarding underwriting and loan packaging, coupled with his training and education in human resource management makes him the perfect candidate to step in as a key leader for Mountain West.”
Additionally, MWSBF vice president Spencer Davis has been promoted to Senior Lending Officer for the company. In addition to continuing with his current loan officer duties, all loan officers will report to Davis. He will also be responsible for training and take the lead as Mountain West’s policy expert.
“For more than 20 years, Spencer has been part of the Mountain West team,” Evans said. “He knows our programs and our people. He has worked in multiple offices and played a key role in expanding our operations in southern Utah and the surrounding areas. He’ll be an asset in this new role and is the right fit to oversee our loan programs.”
Vice president Judd Blakesley has been promoted to manager of marketing and government relations. While Judd will also continue with his current loan officer duties, he will have oversight for Mountain West’s internal and external marketing, business development, public policy and outreach efforts.
Regarding Blakesley’s promotion, Evans said, “Judd has been key in expanding so many different areas of our operation. He is not only well known throughout the small business finance community, but he is well liked. He understands the intricacies and nuances of public policy, and yet has the uncanny ability to meet economic development goals through relationship building. There is no one better suited to fill this role than Judd.”
To read more about the individuals, visit our blog post about it here.
About Mountain West Small Business Finance
MWSBF is a private, non-profit corporation licensed and regulated by the U.S. Small Business Administration to administer the SBA’s 504 Development Company Loan Program in Utah, Wyoming and surrounding mountain states. The company works with local lending institutions, community economic development agencies and business owners to facilitate access to capital for growth, expansion and job creation.
MWSBF’s team of experienced economic development finance professionals has decades of experience helping small business owners and lenders access various state and federal finance opportunities. Since its inception, MWSBF has provided loans to thousands of small businesses totaling more than one billion dollars, resulting in thousands of new jobs. Learn more at mwsbf.com.