Pacific Alliance Bank Announces Expansion in SBA Lending

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Wed May 27, 2009 7:00am EDT

ROSEMEAD, Calif.--(Business Wire)--
Pacific Alliance Bank (OTC Bulletin Board: PFBN) announced today expansion of
its SBA lending, to work with the SBA policy changes to stimulate new loans to
small businesses in Southern California. The Small Business Administration (SBA)
recently announced that borrower fees have been dramatically reduced, guarantees
to the lenders have been increased, and the definition of a small business has
been expanded to allow more businesses to meet the definition of what qualifies
under the SBA lending programs. 

PAB has hired SVP Gary Youmans, a 30-year veteran of SBA lending, to head up
this expansion. Mr. Youmans has an extensive background in the industry, both as
a lender and advocate. He is a founder and board member of the National
Association of Government Guaranteed Lenders (NAGGL), the industry`s trade
organization, and was the 2001 winner of the SBA National Financial Advocate of
the Year in ceremonies held in Washington DC. Other additions include VP Chris
Spivey who`s been a leading SBA lender for over 20 years, and VP Shawn
Macdonald, experienced in both underwriting and business development. Further
additions to be announced. 

"We are very fortunate to bring on such a team to lead our SBA Department," said
Rob Oehler, CEO of Pacific Alliance. "We feel that the time is right to make
this expansion, to help the small businesses increase their access to capital.
Having the right people in place will make it work for both the borrowers and
the Bank." 

Pacific Alliance Bank was formed to achieve its mission of delivering business
value in its market, serving small to mid-size businesses, owners, and key
employees who seek a personal bank ready to meet their banking needs with
customized financial services.

PAB is a full-service FDIC insured community bank, headquartered at 8400 E.
Valley Blvd., Rosemead, California 91770. For more information, contact Ms.
Trish Lomeli-Sproles (626) 773-8897 or tsproles@pacificalliancebank.com and
visit http://www.pacificalliancebank.com.

This document may include forward-looking information, which is subject to the
"safe harbor" created by Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act and the Private Securities
Litigation Reform Act of 1995. When the Bank uses or incorporates by reference
in this document the words "anticipate," "estimate," "expect," "project,"
"intend," "commit," "believe" and similar expressions, the Bank intends to
identify forward-looking statements. Our actual results may differ materially
from those projected in any forward-looking statements, as they will depend on
many factors about which we are unsure, including many factors which are beyond
our control. 

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Pacific Alliance Bank
Ms. Trish Lomeli-Sproles, 626-773-8897
tsproles@pacificalliancebank.com

Copyright Business Wire 2009

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