Meet the SBA and USDA Experts Who Lead Our Company
Holtmeyer and Monson has earned an enviable reputation as a leading provider of government-guaranteed lending services for community institutions. Our company is guided by a strong, well-qualified team of experts with a client-centric focus — ones who help lenders grow their business while providing excellent service to their borrowers.
Arne Monson, President and Co-founder
As the president and co-founder of Holtmeyer & Monson, Arne Monson has led a company that has been helping community banks meet the SBA lending needs of their customers since 1982. Arne is a recognized authority on SBA lending and his opinions, knowledge and input are frequently requested by the Small Business Administration, Congressional bodies and regulatory agencies.
He has nine years of experience in commercial banking and 27 years in small business financial management and consulting. A Certified Management Accountant, Arne has served as a member of the Lender Service Provider Committee of the National Association of Government Guaranteed Lenders.
He has a BA in business finance, an MBA in business finance from Pepperdine University, and a Master’s Degree in business administration from Minnesota State University. Arne lives in Memphis, is a dedicated runner, and loves to work at perfecting his golf game (even more than it already is) every chance he gets.
Penny Newbauer, Executive Vice President and National Servicing Manager
Penny Newbauer’s experience with all things SBA lending began a good deal prior to her joining Holtmeyer & Monson over 15 years ago. She came to us after working in and then managing an SBA lending department for 10 years. Penny manages the portfolio of SBA 7(a) and USDA loans serviced by H&M. These responsibilities include Form 1502 reporting on behalf of our customers and handling servicing requests. In addition, Penny sets up the processes by which reporting and servicing are fulfilled for all new clients.
Penny lives in St Paul, Minnesota, but is a transplanted South Dakotan who loves returning to the wide, open spaces of her beloved home state. In her spare time, she enjoys genealogy researching and antique hunting with her husband, John. The couple has one child, a beautiful daughter.
Penny earned her Bachelor of Arts degree in business/economics from the University of Minnesota, Morris.
Kevin McCoy, Senior Vice President – Account Executive
Kevin McCoy understands the benefits of SBA lending from both perspectives: that of the business owner, and that of the banker. Before becoming part of the financial services industry, Kevin was a partner in a Wisconsin dairy farm. In 1984 he joined the Farmers & Merchants Bank of Tomah, Wisconsin. There he quickly climbed the ranks to become Vice President in charge of all lending activities: consumer, real estate, agricultural and commercial. Kevin followed a similar progression at Westland Savings Bank, serving as President/CEO before becoming the CEO/ Executive Vice President of the de novo Timberwood Bank, which obtained profitability in 24 months.
In 2006, Kevin joined Holtmeyer & Monson and immediately became a key asset for the company and its clients. Bankers appreciate his lending expertise and recognize in Kevin a supportive, kindred spirit who appreciates all that’s required to build a successful community-based business.
Kevin’s career is grounded in the education he received in business management, banking, economics and accounting at The University of Wisconsin and its Management School of Banking. He contributes knowledge and energy to a wide variety of charitable organizations and community activities. In his spare time Kevin loves going back to his roots, indulging in organic gardening and seeing his plants – not just small businesses – grow and thrive.
Josh Miller, Vice President – Account Executive
Josh joined Holtmeyer & Monson in 2011, applying over 20 years of experience in the financial services and banking industry. From his office in Las Vegas, Josh develops bank relationships and serves clients in the states of Texas, Tennessee, Mississippi, North Carolina, Maryland and Pennsylvania.
Josh brings H&M valuable industry knowledge he gained over a career that has included positions ranging from commercial lender and mortgage lender to staff accountant and asset liability analyst.
As might be expected, Josh holds a degree in accounting, which he earned at The University of Memphis. He has three children, ages 21, 20 and 17 and spends his free time traveling. (It should be noted that he is a frequent and enthusiastic attendee at concerts and sporting events.)
Beth Kirby, Vice President – Account Executive
Beth, who has been with Holtmeyer & Monson for more than a decade, provides SBA 7(a) loan application consultation and preparation to our clients. She also provides administrative functions to the H&M team in the areas of SBA approval processing via the E-Tran system and oversight of the SPARK loan origination software system.
Over the years, Beth has weathered many seasons of 7(a) lending, seeing SBA hot topics come and go, along with the shifting nuances of an ever-changing application submission process. Some of those changes came not a moment too soon – she started out submitting paper loan applications via FedEx.
Beth has an honors degree in accounting from the University of Tennessee. (Go Vols!) She is originally from a small West Tennessee town on the banks of the Tennessee River, where she enjoys returning when she can get away. Her small-town upbringing gives Beth an understanding and appreciation of the vital role that community banks play across the country. Banking is a family affair for the Kirbys, as Beth’s husband is an asset-based lender. They have two boys.
Dustin Powell, Vice President – Account Executive
Dustin joined Holtmeyer & Monson in 2014, helping both banks and their small business customers obtain new financing. He develops banking relationships with H&M clients in his home base of Wisconsin as well as Massachusetts, New Jersey, Nebraska, Minnesota, North Carolina, Maryland and West Virginia. Dustin also serves as Holtmeyer & Monson’s guaranty claims expert.
A former credit analyst and commercial lender, Dustin has more than 12 years of experience in the financial services industry. A graduate of The University of Wisconsin – La Crosse, he holds a degree in sports management and business administration.
He is the proud (and active!) father of three children ranging in age from nine years to 12 months, yet Dustin still finds time for volunteering on civic boards, coaching youth and high school sports, hunting and golfing.
Tyler Anderson, Assistant Vice President – Account Executive
Tyler has been a key member of the Holtmeyer & Monson team since July 2017. On any given day, he can be found assisting clients in structuring, underwriting and submitting SBA and USDA loan application packages.
Before joining H&M, he spent nine years in the banking industry primarily focused on credit underwriting and small business lending, but engaging in other functions as well. Now all of that experience serves to benefit our lending partners and their communities’ small businesses.
Tyler attended the University of Wisconsin, Platteville, where he earned a Bachelor’s degree in finance. An avid outdoorsman, Tyler resides in Stevens Point, Wisconsin, where he enjoys golfing, fishing and camping.
Why Our Clients Recommend H&M
“Holtmeyer & Monson provides Oregon Community Bank with valuable services, including SBA loan application preparation, loan closing services and loan servicing.”
"Their customer service is outstanding. Our customers love dealing with them and their response is always timely and professional."
"We have not used a different provider in over 13 years - we don't even want to know who else might be out there."