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17 May 2007

Small Business Loan Clinic for SBA Loans

$5,000 to $50,000 SBA Loans
No Collateral Required

The Small Business Administration in conjunction with the Cherokee County 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 801 Cedar Bluff Road, Centre, Alabama on May 29, 2007.

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.

For more information concerning the loan clinic, contact the Jacksonville State University Small Business Development Center at (256) 782-5271.

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