Holtmeyer & Monson promoted Penny Newbauer to executive vice president. The firm said it also hired Josh Miller as vice president to play a key role in driving the company's ongoing expansion.

Newbauer joined Holtmeyer & Monson in 2006 as vice president and national servicing manager. She has given guidance in the proper preparation of closing documents for SBA loans as well as processing and the development of servicing requests for SBA and Colson approvals since that time.

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