Mar 17, 2021
Blake is recognized as one of Utah’s top chief executives for outstanding business performance and leadership in a unique and turbulent year
LEHI, Utah—March 17, 2021—Lendio, the nation’s leading marketplace for small business loans, today announced that Brock Blake, CEO and co-founder, has received the prestigious 2021 CEO of the Year recognition from Utah Business magazine.
CEO of the Year honorees are chief executives from organizations and agencies ranging from small to large and public to private. These companies and government agencies provide strong financial leadership, innovation and social responsibility to Utah’s business community.
“These CEOs have not only pulled their company through the hardship of a pandemic, they’ve dedicated themselves to overcoming the challenge and boldly going where no CEO has gone before,” said Utah Business.
Brock Blake and Trent Miskin co-founded Lendio in 2011. The two set out to help the nation’s small business owners get access to capital to operate and grow their businesses. As CEO, Blake played an instrumental role in pivoting the company in the spring of 2020 when business lending came to a standstill at the onset of the COVID-19 pandemic.
With Blake at the helm, Lendio channeled all of its resources into helping small business owners get access to Paycheck Protection Program loans under the CARES Act. Lendio developed a digital PPP application and formed partnerships with hundreds of lending institutions in a matter of weeks. The company has since helped more than 130,000 small business owners access over $9 billion in PPP loan approvals, preserved thousands of small business jobs across the U.S. and added hundreds of temporary employees to its own workforce.
“It is an honor to be selected as one of Utah’s CEOs of the year. This state is home to so many incredible companies with extraordinary leaders,” Blake said. “It’s remarkable what the team at Lendio has accomplished over the last year, and I consider it a true privilege to work alongside such passionate, talented and dedicated people.”
Blake will be recognized at an awards event and luncheon on March 24 at the Grand America Hotel. He is featured in Utah Business magazine’s March issue.
Lendio is the nation’s leading small business loan marketplace. With its diverse network of lenders, Lendio enables small business owners to apply for multiple loan products with a single application. To date, Lendio has facilitated over 200,000 small business loans for $10 billion in total funding, including $8 billion in PPP loan approvals as part of government COVID-19 relief. Lendio is a values-driven organization striving to provide equal access to capital to underserved communities and America’s smallest businesses. For every new marketplace loan Lendio facilitates, Lendio Gives—an employee-contribution and employer-matching fund—provides a microloan to a low-income entrepreneur around the world.
Spencer has spent the last ten years in the throes of all things marketing and communications. In the past, he has written for companies and clients spanning restaurants to SAAS companies, and entertainment guilds to yoga studios. Spencer has a B.S. in Communications from the University of Utah. When not writing or working, he can be found in the mountains on a hike, in a movie theater with a tub of popcorn, or on stage at a local theater.
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