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Commercial Banking

SBA and USDA Lending

Experts in navigating government loans

Atlantic Coast Bank is one of the few community banks in our area that actively participates in SBA and USDA loan programs. In fact, in 2013 Atlantic Coast Bank was named the Top North Florida Based Community Lender for the 2012 fiscal year by the SBA. Our SBA loan specialists have more than 80 years of combined experience designing and structuring loans to meet government eligibility and guarantee requirements.

As a community bank, we offer streamlined operations with local credit decision making and closing. We’ll be with you and your application through every step of the process, giving you peace of mind through control and contact. After closing, you’ll find the same high level of care and service.

We are lending in Florida, Georgia, South Carolina and North Carolina. Atlantic Coast bank will consider lending opportunities throughout the southeast region. We have capital available for a variety of funding needs, including:

  • Franchises
  • Business acquisition
  • Ground-up construction
  • Leasehold improvements
  • Real estate purchase
  • Machinery and equipment
  • Inventory
  • Working capital
  • Partner buy-out

Our SBA loan specialists can help you with:

  • The SBA Basic 7(a) Loan Program, which provides eligible borrowers loans for starting, acquiring and expanding a small business. This type of loan is the most basic and the most used SBA business loan program.
  • The SBA Certified Development Company (CDC) 504 Loan Program, which provides growing or new businesses with long-term, fixed-rate financing for real estate and major fixed assets purchase.
  • The USDA B & I Loan Program, which is primarily used to help borrowers in qualified rural areas to obtain financing.

To get started, complete our SBA Loan Application.


Meet our SBA/USDA professionals

Don Adams
Don Adams is Senior Vice President, Senior Lender. Don joined the bank in 2015 and specializes in USDA and SBA loans. He has over 40 years of experience in the banking industry and has held numerous leadership positions. Don has a Bachelors degree from University of West Florida and also attended the Florida School of Banking at the University of Florida.

Contact Information
Cell: 352-317-3049

Christopher Ascolese

Christopher Ascolese is Vice President USDA/SBA Lending, Relationship Manager for Central Florida. He joined the bank in 2015 and has over 18 years of experience in the banking industry. Throughout his career he has worked at community banks in various lending, investment, and business roles. He has a Bachelors of Science from William Patterson University.

Contact Information
Cell: 352.250.4797

Ken L. Kovach
Ken L. Kovach is Vice President, Business Development Officer in our SBA Lending group, handling 7(a) and 504 loans, and specializing in commercial real estate purchases and refinances, start-up franchises and ground up construction. In 2013 Ken was Atlantic Coast Bank’s top SBA loan producer. He has been with the Bank since 2010, and has served as a lending officer with several major banks over the last 20 years. Ken has a degree in Finance from Florida State University.

Contact information
Cell: 407-758-5579


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Atlantic Coast Bank routing number: 261271717

Lost or stolen cards
During business hours: Call 1-800-342-2824; option 5
After hours: Call 1-800-342-2824; option 3, then option 1

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