Simmons Bank Commits $1.25 Million to Support Southern Bancorp Community Partners' Minority Business Empowerment Program
SOSouthern Company(SO) prnewswire.com·2024-05-17 21:30

Includes Simmons first EQ2 investment to support minority entrepreneurs in central Arkansas LITTLE ROCK, Ark., May 17, 2024 /PRNewswire/ -- Simmons Bank and Southern Bancorp Community Partners (Southern Bancorp) announced an agreement for a 1.25millioninvestmentthatwillsupportSouthernBancorp′sMinorityBusinessEmpowermentProgram(MBEP),abusinesstechnicalassistanceprogramandloanfundsupportingminorityentrepreneursincentralArkansas.SimmonsBank′ssupportincludesa10−year,1.25 million investment that will support Southern Bancorp's Minority Business Empowerment Program (MBEP), a business technical assistance program and loan fund supporting minority entrepreneurs in central Arkansas. Simmons Bank's support includes a 10-year, 1 million ...