Loan Review Committee

The Loan Review Committee (LRC) is comprised of members from the region’s banking community, as well as representatives from Industrial Development Organizations that serve the Commission’s six member Counties.   The LRC evaluates all loan submissions and subsequently makes recommendations to the Commission’s Board of Directors.

The role of the LRC is, in many respects, similar to a bank’s loan committee.  However, a critical difference is that loan applications are evaluated for their economic development impact and job creation potential.  Moreover, the SAP&DC’s Revolving Loan Fund (RLF) often accepts a higher level of risk in the interest of promoting the region’s business growth.


January 1, 2017 - December 31, 2017

Mr. Ted Chwatek Hometown Bank of PA
Ms. Valerie Detwiler Clearfield Bank & Trust Co.
Mr. Pat Nagle Altoona First Savings Bank
Mr. Jeffrey Cramer First Summit Bank
Ms. Deb Krise Marion Center Bank
Mr. Larry Burger Kish Bank
Mr. Robert Enos Somerset Trust Company
Ms. Michele Clapper Johnstown Area Regional Industries
Mr. Joshua Miller Somerset County Economic Dev. Council
Mr. Bob Reitman Huntingdon County Business & Industry, Inc.
Mr. Rich Lasek Altoona Blair Co. Development Corporation
Mr. Paul Johnston Community State Bank
Ms. Bette B. Slayton Bedford County Development Association


The Loan Review Committee meetings are generally held the Friday prior to the third Wednesday of each month.  The scheduled meeting time is 10:00 AM.  Please refer to the Events calendar for the 2016 meeting dates.



Ms Trudy A. Mitchell
Director, Business Lending Services
Phone:  (814) 949-6547
Fax:  (814) 949-6505