LAS VEGAS--(BUSINESS WIRE)--June 19, 2008--Silver State Bank, a
wholly-owned subsidiary of Silver State Bancorp (Nasdaq:SSBX), today
announced it closed more than $5.1 million Small Business
Administration (SBA) Loans in the first half of June.
The loans were made to a range of businesses in Nevada, Utah and
Arizona: Villa Evalina, LLC, an assisted living enterprise, Mack's
Auto Supply, Lake Mountain Chiropractic and Jumbo Burgers.
Calvin Regan, President of Silver State Bank, said "We are pleased
to have the opportunity to work with these growing businesses and help
them achieve their business and strategic objectives."
About Silver State Bancorp
Silver State Bancorp, through its wholly owned subsidiary Silver
State Bank, currently operates thirteen full service branches in
southern Nevada and four full service branches in the
Phoenix/Scottsdale market area. Silver State Bank also operates loan
production offices located in Nevada, California, Washington, Oregon,
Utah, Colorado and Florida. Please visit www.silverstatebancorp.com
for more information.
Forward-Looking Statements
This press release contains forward-looking statements. Terms such
as "will," "should," "plan," "intend," "expect," "continue,"
"believe," "anticipate," "seek," and similar expressions are
forward-looking in nature and reflect management's view only as the
date hereof. Actual results and events could differ materially from
those expressed or anticipated and are subject to a number of risks
and uncertainties including but not limited to fluctuations in
interest rates, asset quality, government regulations, economic
conditions and competition in the geographic and business areas in
which Silver State Bancorp conducts its operations. We undertake no
obligation to review or update any forward-looking statements, whether
as a result of new information, future events, or otherwise.
CONTACT: Stern And Company
Steve Stern, 702-240-9533
steve@sdsternpr.com
SOURCE: Silver State Bank