SBA Loan Clinic in Sylacauga Mar. 30

SBA LOAN CLINIC

$5,000 to $50,000 SBA Loans

No Collateral Required

 

The Small Business Administration in conjunction with the Sylacauga Chamber of Commerce, Jacksonville State University Small Business Development Center, Jacksonville State Center for Economic Development, and the Alabama Small Business Institute for Commerce are hosting a loan clinic at the Chamber Of Commerce Office located at 17 West Ft. Williams on Thursday, March 30, 2006.  Start-up and existing business owners will be able to apply for SBA loans.  The loans are unsecured (require no collateral). Start-up and existing small businesses can apply for unsecured small business loans up to $50,000.

A group presentation of the SBA programs will be given at 1:00 p.m. and again at 2:00 p.m.  

Using the Community Express program, start-up and existing business applicants can apply for unsecured loans up to $50,000.  This program requires the clients to receive business counseling from a technical assistance provider (TAP) before approved loans are disbursed. The workshop and counseling are free. The Jacksonville State University Small Business Development Center will have representatives available for counseling and to assist with the application process.

“I’m very excited about these new programs and the participation of our lending partners and resource partners.” says Michael Ricks, Alabama SBA Director.  “We now can offer applicants tools that can provide access to capital.  These new products and technology provide these services to the citizens of Alabama in a timelier manner.”

For more information concerning the loan clinic, contact the Sylacauga Chamber of Commerce at (256) 249-0308 or the Jacksonville State University Small Business Development Center at (256) 782-5271.

Funded in part through a cooperative agreement with the U.S. Small Business Administration

Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance.  Contact Suzi Donaldson, JSU SBDC, 700 Pelham Rd. North (113-A Merrill Bldg.), Jacksonville, AL 36265, (256) 782-5271, to make arrangements.      

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