James W. McBrearty President of McBrearty Capital Management, Inc., Knoxville, was re-elected treasurer of Areawide Development Corporation at its annual meeting Tuesday, Sept. 23, at Egwani Farms Golf Club in Rockford.
Based in Alcoa, Areawide Development Corporation markets and processes U.S. Small Business Administration Section 504 loans to small businesses in partnership with banks to help finance capital projects. Board members set ADC policy and approve loan applications.
McBrearty’s firm manages approximately $115 million for individuals on a fee-only basis. McBrearty has a B.A. in Business from Oakland University, a M.S. in mathematical economics from Southern Illinois University and did doctoral work at the University of Tennessee.