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Wednesday, November 30, 2022
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Chip Mahan’s coastal empire

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A veteran banker motivates his colleagues to reboot the financial services landscape.


In 2013, Live Oak Bank got interested in chickens. The bank, which formed five years earlier, had grown fast by making Small Business Administration loans nationally to veterinarians, medical practices, funeral homes and other businesses that it understood well. CEO Chip Mahan wanted t…

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