About RBAC
Our Mission
Regional Business Assistance Corporation was formed in 1981 to provide loans to small business owners in the city of Trenton. Through the years RBAC has expanded, and now offers its services to New Jersey businesses state-wide. RBAC’s mission is to provide loan capital and business mentoring to small business owners that cannot access more conventional bank financing. By financing and mentoring small businesses across New Jersey, we ultimately aim to create jobs and foster community wide economic development.
Board of Directors
| Chairperson | Scot Pannepacker | Lear & Pannepacker |
|---|---|---|
| Vice Chair | Stephanie Wall | Wachovia |
| Executive Director | William Pazmino | RBAC |
| Secretary | Michele Iwanicki | The Barber Shop |
| Assistant Secretary | Paul Watter, Esq. | Hill Wallack, Attorneys at Law |
| Treasurer | Martin Tuchman | Kingstone Funding Group |
| Members at Large | ||
| Terry Daniels | The Bank | |
| Frank Keith | Rutgers Business Center | |
| Dennis McKithen | Pressley Motors | |
| Lorraine Allen | TCNJ Small Business Development Center | |
| Mary R. Brown | MetLife Bank NA | |
| Luisa Robinson | MECHA | |
| Taneshia Nash-Laird | Trenton Downtown Association | |
| Christopher Phelan | Middlesex Co. Regional Chamber of Commerce | |
| Randy Hanks | First Choice Bank | |
| Floyd Haggar | Third Federal Bank | |
| Carl Spataro | Middlesex Co. Economic Development | |
| Carlos Sanchez | Elizabeth Development Co. | |
| Gilbert Lugossy | Yardville National Bank |
Supporters
RBAC thanks the following for their support:
US Small Business Administration
The Bank Community Foundation
Wachovia Foundation
Commerce Bank
Bank of America
Mercer County
Merrill Lynch Community Development Co.
NJ Economic Development Authority
PNC Bank
Sovereign Bank
Tuchman Foundation, Inc.
US Dept of Agriculture/Rural Dev.
Yardville National Bank
Roma Bank
